interest compounded annaally Your first payment will be made at the end of the year a. How much must you deposit annually to accumulate this amount? b. If you decide to make a large lump-sum deposit today listead of the annual depasits, how large should the lump-sum deposit be? (Assume you can eam 8 percent on this deposit.) c. At the end of year 5. you will receive $20,000 and deposit it in the benk in an ettort ta soach your gosi of $75,000 at the end of year 15 . In additicen to the lumer-eum deposit, haw much must you invest in 15 equal annual deposits to reach your goal? (Again assume you can earn 8 percent on this deposit) a. How much must you deposit annually to accumulate this amount? (Round to the nearest cent.)