Assume you can earn 11% on the investments described below. How much money would each investment provide for you after six years?
a. Invest $5000 as a lump sum today.
b. Invest $1553 at the end of each of the next 6 years.
c. Invest a lump sum of $2867 today and $983 at the end of each of the next 6 years.
d. Invest $905 at the end of years 1, 3, and 5.
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