a) What is the difference between a single amount cash flow, an annuity cash flow and a mixed stream cash flow? (4 marks) b) Say you borrow RM5,000 at 8% per annum and agree to make equal annual end-of-year payments over 5 years. Please calculate the amount of your annual payment and prepare a loan amortization schedule showing the interest and principal breakdown of each loan payment. (4 marks) c) Assume you have a choice between two deposit accounts. Account X has an annual percentage rate of 12.25 percent but with interest compounded monthly. Account Y has an annual percentage rate of 12.20 percent with interest compounded continuously. Which account provides the highest effective annual return? (4 marks) d) Hazeelyn would like to send her parents on a cruise for their 30th wedding anniversary. She has priced the cruise at RM15,000, and she has 5 years to accumulate this money. How much must Hazeelyn deposit annually in an account paying 10 percent interest in order to have enough money to send her parents on the cruise? (4 marks) e) Assume that you have just won a state award. Your prize can be taken either in the form of RM1 million at the end of each of the next 20 years (that is, RM 20,000,000 over 20 years) or a single amount of RM10 million paid immediately. If you expect to earn 10% annually on your investments over the next 20 years, ignoring taxes and other considerations, which alternative should you take? Why? (4 marks)