--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------1. What is economic equivalence?2. What is a cash flow diagram? What are inflows and outflows?3. What is Annuity? What are the Annuity formula for future and present equivalence?

1. Determine the amount of money deposited one year ago to have ?9,975 new at an interest rate of 5% per year.; the amount of interest earned during this period. 2. What is the present value of receiving a single amount of?! 50,000 at the end of ve years, if the time value of money is 6% per year, compounded semi-annually? 3. How much do you need to deposit today to withdraw ?125,000 after one year, P30,000 after two years, and ?50,000 after four years, if your account earns 10% annuaI interest rate