Student Name. ID 1- An annual deposits of Ai-$1,900 in a saving account is made for 6 years starting years 2. In year 8, a one- time withdrawal of $3,400 is made. In year 12, a one-time deposit of $2,200 is made. Then another series of annual deposits of A2 for 7 years started in year 14, increasing by $160 every year. If a one-time withdrawal of $1,100 was made in year 21 and the present worth of the whole amounts of deposits and withdrawals is $-17,300. What is the value of A2? If the whole life cycle is to be repeated forever with a life cycle of 21 years, what is the capitalized cost in the annual worth? Assume an interest rate of 8%. 2- An airplane maintenance company signed a contract with a local airplane company in which it is going to maintain its airplanes for the next 6 years. According to the contract the airplane company is going to pay 500,000 $ for the first year and then an annual increase of 10% for the rest of the contract years (10 % more than the previous year). The negotiations between the two companies took into consideration the regular 5% annual interest rate. a- Draw a cash flow diagram for this contract from the airplane company point of view. b- Determine the present worth of money the airplane company is going to pay according to this contract. Student Name. ID 1- An annual deposits of Ai-$1,900 in a saving account is made for 6 years starting years 2. In year 8, a one- time withdrawal of $3,400 is made. In year 12, a one-time deposit of $2,200 is made. Then another series of annual deposits of A2 for 7 years started in year 14, increasing by $160 every year. If a one-time withdrawal of $1,100 was made in year 21 and the present worth of the whole amounts of deposits and withdrawals is $-17,300. What is the value of A2? If the whole life cycle is to be repeated forever with a life cycle of 21 years, what is the capitalized cost in the annual worth? Assume an interest rate of 8%. 2- An airplane maintenance company signed a contract with a local airplane company in which it is going to maintain its airplanes for the next 6 years. According to the contract the airplane company is going to pay 500,000 $ for the first year and then an annual increase of 10% for the rest of the contract years (10 % more than the previous year). The negotiations between the two companies took into consideration the regular 5% annual interest rate. a- Draw a cash flow diagram for this contract from the airplane company point of view. b- Determine the present worth of money the airplane company is going to pay according to this contract