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Question 3 Following is the time-line of a monthly cash flow with the interest rate is j12= 8% p.a.: (a) Find the present value of

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Question 3 Following is the time-line of a monthly cash flow with the interest rate is j12= 8% p.a.: (a) Find the present value of the cash flow if X=Y=$100. (b) Find the future value of the cash flow if X=120,Y=150. (c) Suppose the future value of this cash flow is $1,320 and the size of payment X is similar to the size of payment Y, or X=Y, find X

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