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Please draw a cash flow diagram Draw the cash flow diagrams and explain the steps that you are going to approach to solve the problems
Please draw a cash flow diagram Draw the cash flow diagrams and explain the steps that you are going to approach to solve the problems then solve the problem. Show the details in solving the problems. Please write legible hand writing, otherwise there is a deduction from your grade 10 points. Missing Cash Flow Diagram is deductible points equal to 20% of the total points for each question The maintenance on a machine is expected to be $155 at the end of the first year, then increasing by $35 each year for the next 7 years. What sum of money would need to be set aside now to pay the maintenance for the 8-year period? Assume 6% interest. What is the uniform annual equivalent maintenance cost for the above machine? Compute an equivalent A for the maintenance costs. An individual is considering the purchase of a used automobile. The total price is $6200 with $1240 as a down payment and the balance to be paid in 48 equal monthly payments with interest of 12% compounded monthly. The payments are due at the end of each month. Compute the monthly payment
Please draw a cash flow diagram
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