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Part I. Solve the following problems. Construct the cash flow diagram for each problem. 4. How much should you deposit for six consecutive years
Part I. Solve the following problems. Construct the cash flow diagram for each problem. 4. How much should you deposit for six consecutive years (equal annual deposits) starting at the end of the year for you to be able to make a series of withdrawals for five consecutive years beginning at P 500,000 seven years from now, (a) increasing by P 100,000 per year. (b) increasing by 20% per year. i = 6% per year
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