URGENTLY: Answer 3,4, and 5 only Solve with Solution and Explanation. I was hoping you could answer each question. I would appreciate that. Thank you!

1. Choose 1 Engineering Economy Term and discuss in your own words. 2. Construct a worded application problem involving simple interest. 3.Construct a worded application problem involving effective compound interest, show the cash flow diagram if needed. 4. Construct a worded application problem involving nominal compound interest, show the cash flow diagram if needed. 5. Construct a worded application problem involving continuous compounding interest. show the cash flow diagram if needed. 1. Choose 1 Engineering Economy Term and discuss in your own words. 2. Construct a worded application problem involving simple interest. 3.Construct a worded application problem involving effective compound interest, show the cash flow diagram if needed. 4. Construct a worded application problem involving nominal compound interest, show the cash flow diagram if needed. 5. Construct a worded application problem involving continuous compounding interest. show the cash flow diagram if needed