First Three Letters Name: Hmk-48 Draw precise timelines and work through calculator entries. Answer % with min 3 decimals. 2pts/blank Exercise #1 : What rate do you need to earn to triple your money in 15 years? 1. Timeline: Exercise # 2: You want to withdraw $6,500 once year at the end of each year for the next 11 years. re8%. How much money do you need to deposit now to fund the account fully? $.. 2]. Timeline: Exercise #3: You want to withdraw $6,500 once year at the beginning of each year for the next 11 years. r8%. How much money do you need to deposit now to fund the account fully? $3}]. Timeline: Exercise # 4 : You want to withdraw $350 once year at the end of each year starting 2 years from now and ending 6 years from now. r-8 % . How much money do you need to deposit now to fund the account fully? $4 Timeline: Exercise #5: You want to withdraw $350 once year at the end of each year starting 2 years from now forever. r-8 %. How much money do you need to deposit now to fund the account fully? S151 Timeline: Exercise # 6: You want to withdraw $X once year at the end of each year starting 2 years from now and ending 6 years from now. r-8 % . You deposit $50,000 now. How much money can you withdraw each $-(61 year 2-6? Hint. Reverse the steps of exercise #4. Timeline: Exercise #7-8: You deposit $20,000 in the account now and you add an equal amount $X each year for the next 30 years. In 30 years, there are $675,000 in your account. r-6 % . How much did you add at the end of each year over the 30 years? Timeline: FV of $20,000 30 years from now $.7. Steps: Subtract the computed FV from $675,000. The difference is the FV that the payments have to accrue to Solve for PMT $ that produces that new FV [8