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a 2. For each of the following items, indicate which time value of money (TVM) value needs to be calculated. Support your answers. (dpoints each)
a 2. For each of the following items, indicate which time value of money (TVM) value needs to be calculated. Support your answers. (dpoints each) Wilhelmina wants to earn 15% on any investment that she makes She is considering an investmobt that will pay her $3,200 in two years. She needs to know the most she should pay for that investment today in order to earn at least 15% on the investment. b Kyle wants to buy a car but must use a loan to do so. The loan he is considering is for $15,000 over 6 years. He only has $100 free cash a month to use toward the car loan. He needs to know whether he can afford the loan cNancy wants to save $1,500,000 for retirement. She can make deposits into her retirement savings account of $3,000 per year. She needs to know when she will meet her retirement fund goal d Devin recently sold his house for $450.000. He bought his house 8 years ago for $300.000. He wants to know his annual return on his investment in the house
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