Pretend that today is your birthday and you decide to start saving for your retirement. You will retire on your 65th birthday and need $ 4,000 per month for the next 20 years, increasing $100 per month after the first month. You will make your first withdrawal on your 65th birthday, the day you retire. You will make the first deposit today in an account paying 7% interest compounded daily, and continue to make the same $ 123.06 equal weekly deposits up to your 60th birthday, then you stop making deposits. What birthday are you celebrating today?

Create a cash flow diagram.