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Draw a properly labeled Cash Flow Diagram for each of the problems. posted on Canvas. are 3. (10 points) How much should you be willing

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Draw a properly labeled Cash Flow Diagram for each of the problems. posted on Canvas. are 3. (10 points) How much should you be willing to pay for an annuity that will provide $300 every 3 months for 6 years starting 3 months from now if you want to make a nominal 12% per year compounded quarterly? Another words, what is the present worth of the benefit that is described here? 4. (12 points) An investment advisor tells you that he can sell you an annuity that will generate $400 every quarter (i.e., 3 months) for 6 years starting 3 months from the day you purchase the annuity. Use a nominal 12% per year rate, compounded quarterly. The investment advisor asks for $7,500, which includes his fee of $200. Is this a good deal for you? In other words, what is the present worth of the annuity

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