Question: The table below shows cumulative outflow, progress payments, and cumulative income at the beginning of each month. Calculate the overdraft of contractor's cash flow considering

The table below shows cumulative outflow, progress payments, and cumulative income at the beginning of each month. Calculate the overdraft of contractor's cash flow considering a 1% interest rate. 4 1 0 0 0 Month 2 3 1,500 2.000 500 1.250 500 1.750 2.000 750 2,500 Cumulative Outflow (Start of Month) Progress payments (Start of Month) Cumulative income (Start of Month) Overdraft before payment (Start of Month) Interest (1%) Cumulative interest (Start of Month) Overdraft after payment (Start of Month)
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