Tesla Motors manufactures high-performance battery electric vehicles. An engineer is on a Tesla committee to evaluate bids for new-generation coordinate-measuring machinrytob dire d i to the automated manufacturing of high-precision vehicle components. Three bids include the interest rates that vendors will charge on unpaid balances. To get a clear understanding of finance costs, lesla management asked the engineer to determine the effective annual and semiannual interest rates each bid. The bids are as follows: for Bid 1:14% per year, compounded daily. Bia2 : 2%per quarter. compounded quarterly. id 3: 10% per year, compounded monthly. semiannual Show the cash flow diagram and determine the effective rate for each bid on the basis of periods