For each of the following scenarios, draw an appropriate cash flow diagram. 1) $5000 is borrowed today. Repayment is made with five equal annual payments of $1319. The first payment is due 1 year from today. Draw the diagram from the borrower's point of view. | | 2) $20,000 is borrowed today to finance a 4 year college education. Repayment is to be made with 6 equal annual payments of $6723. The first payment is due one year after graduation. Draw the diagram from the lender's point of view. 3) An investment account shows the following activity over a ten year period. All transactions occurred on the last day of the year. Note that in some years both a deposit and a withdrawal occurred. Draw the diagram from the investors point of view. End of Year Type of Transaction Amount 0 (today) deposit $10,000 1 deposit $3,000 2 deposit $4,000 3 deposit $2,200 3 withdrawal $3,500 4 withdrawal $3,000 5 deposit $5,000 6 deposit $2,000 7 withdrawal $8,000 8 deposit $4,000 8 withdrawal $2,500 9 deposit $3,500 10 withdrawal $5,000