It is known that two cash flows are economically equivalent at an interest rate of 12%: • Cash?

... Flow 1: Payments of $100 at the end of Years 1 and 2, and Payments of $300 at the end of
years 3, 4 and 5.
• Cash Flow 2: Payments of $X at the end of Years 1, 2, 4 and 5.
a) Draw the cash flow diagrams for each of these cash flows
b) Calculate X in the Cash Flow #2 using both interest relationships and interest tables