Problem 1 (30 points) The table shows you information about annual deposits made at 10% interest rate per year. a) Draw the cash flow diagram corresponding to the information in the table. b) Calculate the future worth of the deposits at year 24. Show all your calculations and explain every step. There are several ways of solving this problem. I expect each of you to solve it in your own way. Always use factor notation (like we do in the class). End of year 0 1, 2, 3, 4, 5, and 6 7, 8, 9, 10, 11, 12, 13 and 14 15 16 17, 18, 19, 20, 21, 22, 23, and 24 Amount of deposit 1.000 TL 2.000 TL (each year 4,000 TL (each year) 0 TL 2 .000 TL Each deposit increases 5% with respect to the deposit of the previous year