Question: Please first write down in brackets your STUDENT NUMBER (important note for students having 10digits student number: e.g. 2200674135 should be taken as 22674135 ),

 Please first write down in brackets your STUDENT NUMBER (important note

Please first write down in brackets your STUDENT NUMBER (important note for students having 10digits student number: e.g. 2200674135 should be taken as 22674135 ), and find the variables: Assume that you are planning to make deposits in Turkish Liras (TL) to a bank account: amount of D1 TL at year 0 and amount of D2 TL at the end of year Y1+Y2. (Note that the variables D1,D2, and Y s are given according to your student number) Now, you expect to receive money from the bank for a total of 20 years (starting from the year 1): - For the first ten years, you want to withdraw A at the end of each year, - For the next ten years, you want to withdraw (A+100TL) at the end of each year. a) Construct the cash flow diagram. (15 points) b) Determine the value of A if the deposits earn 20% interest compounded annually. (20 points) c) How much money you lose annually if the interest rate decreases to 15% APR? (20 points) d) Determine the value of A if the deposits earn 18% interest compounded quarterly. ( 20 points) e) Determine the value of A if the deposits earn 16% interest compounded continuously. (20 points) f) Which option is the best if you compare the results in d and e? (5 points)

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