the year. a. How much must you deposit annually to accumulate this amount? goal? (Again, assume you can earn 7 percent on your deposits.) a. How much must you deposit annually to accumulate this amount? (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 the lump-sum deposit be? (Round to the nearest cent.) c. If you deposit $10,000 received at the end of five years in the bank, what will the amount grow to by the end of year 16? (Round to the nearest cent.) In addition to the lump-sum deposit, how much must you deposit in equal annual amounts, beginning in year 1 to reach your goal? (Round to the nearest cent.)