1. An Original Idea: Writing an iPhone App (20 points) Wow! It seems like everyone is making money from developing iPhone apps. Let's do the same! I borrow $2,000 at an interest rate of 6% per month to be repaid to my friend in 12 months ($100 at month 0 will result in $106 at month 1 because of the 6% interest per month!). I tell my friend I will pay him back at the end of each month according to the following schedule: $200 the second month, $500 the third month, $1000 the third month. a. What will be the size of the payment at month 12 that will pay off the money I borrowed from my friend? Draw the cash flow diagram.