A contractor would like to invest in a real- estate development project and expecting to get $20,000 annually. A. To achieve that goal of the investment, how much should be deposited as a single sum...

Extracted text: A contractor would like to invest in a real- estate development project and expecting to get $20,000 annually. A. To achieve that goal of the investment, how much should be deposited as a single sum of money with 5% compounded annually where the first withdrawal occurring 1 year after the deposit. B. What if the contractor would invest 50% of the money that he got after 5 years in a fund that pay 8% compounded annually by making 10 equal annual withdrawals from the fund. How much can he withdraw when the first withdrawal occur 1 year after deposit. C. Draw cashflow diagram