4. EEI Corporation is anticipating investing $745,000 to replace heavy equipment in 3 years and another $805,000 in 5 years. How much must be set aside per month starting from the first month after purchase to provide for the replacement of the equipment after 5 years? Funds earn at a rate of 15% per year, compounded monthly. 5. Use the cash flow diagram to determine the single amount of money Q1 in year 1 that is equivalent to all of the cash flows shown. 4. EEI Corporation is anticipating investing $745,000 to replace heavy equipment in 3 years and another $805,000 in 5 years. How much must be set aside per month starting from the first month after purchase to provide for the replacement of the equipment after 5 years? Funds earn at a rate of 15% per year, compounded monthly. 5. Use the cash flow diagram to determine the single amount of money Q1 in year 1 that is equivalent to all of the cash flows shown