1. (10 points) True/False (2 points for each statement) Circle the correct answer for the following statements (No need to show your work). a) If you multiply the A/F, F/P, and P/G factors together, you will obtain True False the value for the G/A factor. True False b) To double an investment at an interest rate of 6% per year, it will take almost 12 years. c) For an arithmetic gradient series of monthly cash flows that begins at the end of 25th month, the A/G factor will yield an "A" value beginning at the end of two years. True False True False d) Consider arithmetic gradient series, G = 100, starting at time period 7 with five cash flows. An equivalent uniform series A, starting at time period 2 for four time periods is obtained by 100(P/G, i%, 6)(P/F, i%, 4)(A/P, i%, 4) True False e) Regarding a specific demand level D, the total cost is equal to the total revenue. By increasing the amount of demand from level D, the net benefit (total revenue - total cost) is certainly increased