Industrial Engineering/Engineering Economy Question pt 1

Problem #1: a. Draw the cash flow diagram and find the uniform monthly amount over 5 years that would be generated from an investment of $500 now at an effective interest rate of 1.25% monthly. b. Draw the cash flow diagram and find the uniform annual amount over 5 years that would be generated from an investment of $500 now at an effective interest rate of 1.258 monthly. (Note: The effective annual interest rate is (1+0.0125) -1 16.075). Therefore, you may not want to use the tables.)