Instructions: Show COMPLETE solution/proof with correct answer. All elements should be included and drawn correctly and; all elements should be labeled with reference and value. An annuity has a...

Instructions: Show COMPLETE solution/proof with correct answer. All elements should be included and drawn correctly and; all elements should be labeled with reference and value.

Extracted text: An annuity has a sequence of 10 annual payments with the first one due at the end of three (3) years. Construct a time diagram for the periods of deferral and annual payments of this annuity.