Lex Rolf is considering two plans for building an education fund for his childre

Lex Rolf is considering two plans for building an education fund for his children.Plan AInvest $2000 each year to earn 10% annually for six years.Plan BInvest $10000 now to earn 8% annually for six years.Before making any calculations which plan would you expect to provide the larger future amount? Calculate the future value of each plan. Which plan provides the larger amount at the end of six years?Future Value of Annuity of $1 at 10% for 6 years (Exhibit 12A-4) Future ValuePlan A:Future Value of $1 at 8% for 6 years (Exhibit 12A-2) Future ValuePlan B: