Problem 2 (40 Points Total) Find the equivalent amount in each of the following cash flow diagrams. a) (10 Points) For the cash flows shown below, find the equivalent amount at time t-1. $350 $300 6 i-6 % $700 b) (15 Points) Find the present equivalent (at t-0) for the cash flows shown below. Note: Change in amount from one year to the next is 6 % ie . Ag =95(1 + 06 ) " -5 % 5 6 8 $95 8-6% $An (15 Points) For the cash flows shown below, find the equivalent amount at time t-12. c) $500 $450 $100 4 567 8 9 10 11 12 i=4% $300