Present value of complex cash flows) How much do you have to deposit today so that beginnng years from now you can with craw 52.000 a year for the next 4 years periods 11 through 14) pkes an additional amount of $24,000 in the last year period 147 Assume an interest rate at 11 percent The amount of money you have to deposit today is $ Rourd to the nearest cert Comprehensive problem you would like to have 500,000 in 12 years. To accumulate this amount you plan to deposit an equal sum in the bank each year that will earn 7 percent interest compounded annually. Your first payment will be made at the end of the year How much must you depost annuly to accumulate this amount? If you decide to make a large lumpsumdeposit today instead of the deposits how large should trislumpsum deposit be? Assume you can eam 7 percent on this deposit At the end of five years, you will receive $20,000 and post this in the bank toward your goal of $50,000 at the end of your 12 In addition to the lum-sum deposit how much ist you deposit in qual amounts beginning in your 1 to reach your goal? Again, assume you can eam 7 percent on your deposits