Question: Activity 1.1 Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that

Activity 1.1 Read each problem carefully and tellActivity 1.1 Read each problem carefully and tell
Activity 1.1 Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that follows. Have Fun! a. Monthly payments of P 3,000 for 4 years with interest rate of 3% compounded morithly. Type of Annuity: Page 9 Class flow in the time diagram: Payment Period 3 b. Quarterly payment of P 5,000 for 10 years with interest rate of 2% compounded semi annually. Type of Annuity: E Diagrant: Payment Period 1 2 3Activity 1.2 Identify the type of annuity in the given situations below then show the illustration of the cash flow. a. Monthly payments of P 2,000 for 5 years with interest rate of 12% compounded annually. b. Yearly payment of P15,000 for 10 years with interest rate of 8% compounded annually

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