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1. In your own wordis, describe wiry the Time Value of Money is an important concept. Also discuss at least one af the factors that

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1. In your own wordis, describe wiry the Time Value of Money is an important concept. Also discuss at least one af the factors that trake this statement true [inflation, opportunity cost, of uncertainty) Solve the follawing problems. Show your work. Here are the charts 2. Futare Value of an Annuity: if 1 decide to invest $50,000 at the end of every year for the next 10 years at an interest rate of 6 . annually. How much will you have at the end of 10 years? 3. Present Value of an Annuity: You made a financial imvestenent for which you will get 12 payments of 52,000 , one every ytat, The interest rate is five percent. What is the arnnuity's current number value? 4. Present Value of a Dollar Amount: What is the present value of receiving a single amount of 520.000 at the end of true years, if the iaterest rate is t\% per year, compounded semiannualiy? 5. Fiture Value of a Dcilar Ainount: Assune that today you make a single deposit of 5500 . The annual interest rate is asy and it as compeunded Yearkp. What is the future value of this imestment after? years

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