This exercise compares the future value of investing an amount of money in different time frames. A total of 560,000 is invested into funds paying 6 interest over a 20- year period. Compute the future value at the end of 20 years for each of the following: (Round your final answers to two decimal places.) 

(a) $3000 is invested in an annuity each year for 20 years. 

(b) $60,000 is invested in an annuity each year for 10 years. After the first 10 years, the money remains in the fund, drawing 6 interest compounded annually. 

(c) The entire $60,000 is invested at the beginning and remains in the fund, drawing 6% interest compounded annually
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