Q2 Anna plans to start her business by opening a bakery. To make her plan successful, she ha begun saving her money. In the first year, she has saved RM 1,000. Then, the amount i increased to RM 2,000 on the second year and RM 5,000 for the third year. Then, RM 4,00 for each year firom the fourth through the eighth. (a) Draw a cash flow diagram to represent her saving (b) If the interest rate is 20% per year, then calculate; (i) The present equivalent expenditure, Po; (ii) The future equivalent expenditure, Fs: (iii) The annual equivalent expenditure, A;

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