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Monthly deposits of $62.50 are made into a savings account for three consecutive years. One year later $2550 is withdrawn from the account, leaving the
Monthly deposits of $62.50 are made into a savings account for three consecutive years. One year later $2550 is withdrawn from the account, leaving the account empty. Draw the cash flow diagram from the bank 's perspective assuming interest is paid once per year 3. You open a savings account on January 1 with $150 deposit (call this Time 0). The account pays interest at the end of every month. Over the rest of the year, you make the following deposits: 4. Deposit Date April 4 June 6 une 9 July 12 October 9 December 7 Deposit Amount $400 $500 $100 $700 $400 $1000 Draw the cash flow diagram
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