Reference no: EM132658425

The President of a company wants to make seven equal lump-sum deposits, one a year from now, second 3 years from now, third 4 years from now, fourth 6 years from now, fifth 8 years from now, sixth 10 years from now and the last deposit 13 years form now, so he can make six of $4500 per year withdrawals, after two years when the seventh deposit is made. Furthermore, he plans to withdraw the remaining cash at the end of the fifth-year after the last withdrawal. Define the economy symbols and draw the cash-flow diagram.