Q3: Determining an Unknown Annuity Amount Two receipts of $1,000 each are desired at the EOYs 10 and 11. To make these receipts possible, four EOY annuity amounts will be deposited in a bank at EOYs 2, 3, 4, and 5. The bank's interest rate (i) is 12% per year. (a) Draw a cash-flow diagram for this situation. (b)Determine the value of A that establishes equivalence in your cash-flow diagram. (c)Determine the lump-sum value at the end of year 11 of the completed cash-flow diagram based on your answers to Parts (a) and (b). ANNUITY 40