2. Cindia determines that to receive an annuity of $6000 each quarter for 7 years at 5.5% per year compounded quarterly, she must deposit $138 659.91. How much must Cindy deposit for an annuity that lasts for twice as long, 14 years? a She must deposit more than twice as much. b She must deposit exactly twice as much. 0 She must deposit more, but less than twice as much. d She must deposit exactly half as much 3. Germaine determines that to receive an annuity of $3 600 each quarter for 5 years at 6.8% per year compounded quarterly, she must deposit $60 605.53. In which scenario would the amount she has to deposit decrease? a The size of the payments is doubled to $7200. b The length of time is doubled to 10 years. c The interest is compounded annually. d The interest rate is doubled to 13.6%