answer.
Exercise 1: Miriam borrowed money and promised to cancel her debt 5
years by paying P3,500 at the end of each year with interest at 4%
compounded annually.
a. Draw and fill in () to complete the cash flow time diagram Miriam
should follow to be able to reach her goal
P
b. Miriam changed her goal and decided to pay P4,000 at 4% compounded
semi-annually, complete her new cash flow time diagram.
P​