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1. The table below represents a contractor's overdraft requirements for a three-month project Retainage is 10%, markup is 10%, and interest is 1% per month.

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1. The table below represents a contractor's overdraft requirements for a three-month project Retainage is 10%, markup is 10%, and interest is 1% per month. The client is billed at the end of the month. Payment is received at the end of the next month. Retainage will be dropped out at last month of the construction period, and the accumulated retainage for the first two months will be paid contractor with the last payment. (Note: all calculated numbers should be rounded to integer numbers.) Month Overdraft Interest Total financed 50,000 500 120,500 1,205 82,205 822 83,027 13,727(10,336) 137 50,500 121,705 13,864(10,336) 1-1) Complete the overdraft table provided below. (12 points) Expenditure Markup ( 10%) Total billed Retrage ( 10%) Payment received Total cost to date Total amount billed to date Total paid to date Overdraf Interest ( 1%) Total amount inanced 1-2) Find the correct dollar values for (1) and (2) in the overdraft profile graph. (4 points) 10,336) (2 50,000 83,027 121.705 1-3) Plot a cash flow diagram for the costs and the payments received each month and salculate the sum of the present values of the cash flow. The discount rate is 2% per month. The equation to convert future values to present values is: Where, Fis a future value after n periods at a discount rate of i. (6 points)

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