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In 2013, you have deposited a lump sum amount of PHP 5,000 when you open your...

In 2013, you have deposited a lump sum amount of PHP 5,000 when you open your first bank account. Each year thereafter, you have deposited PHP 8,000 until 2019. In addition to that, you withdraw money and pay an existing debt of PHP 500 in 2014 and PHP 4,000 during 2017 and 2019. Draw the cash flow diagram in the perspective of the bank.

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Answer #1

Refer the following cash flows have to be plotted on the graph.

The cash flow diagram is from banks perspective therefore deposits will be positive and withdrawal will be negative.

Please contact if having any query will be obliged to you for your generous support. Your help mean a lot to me, please help. Thank you.

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