Problem 4-57 (algorithmic) Question Help Consider the cash flow transactions depicted in the accompanying cash flow diagram with the changing interest rates specified. $600 $600 $400 $400 1 3 1 5% p Interesti compounded monthly 2 9% Years Interest compounded monthly 5% Interest compounded monthly (a) What is the equivalent present worth? (In other words, how much do you have to deposit now so that you can withdraw $400 at the end of year 1, $400 at the end of year 2, $600 at the end of year 3, and $600 at the end of year 4?) The equivalent present worth is $ |- (Round to the nearest dollar.)