a. How much must you deposit annually to accumulate this amount? b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should this lump-sum deposit be? (Assume you can earn 6 percent on this deposit.) this deposit.) a. How much must you deposit annually to accumulate $55,000 in 12 years? (Round to the nearest cent.) b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should this lump-sum deposit be? (Assume you can earn 6 percent on this deposit.) (Round to the nearest cent.) this deposit.) (Round to the nearest cent.)