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Draw a timeline for the following question (both bank and payer's perspective). Also, find the Number of terms, Cash flow and rate. i) A payment

Draw a timeline for the following question (both bank and payer's perspective).

Also, find the Number of terms, Cash flow and rate.

i) A payment of $1,000 per year at 6% per annum for 4 years.

ii) A payment of $500 per month at 1% per month for 6 months.

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