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i need a timeline drawn, identify what type of TVM it is and step by step calulations Microsoft Word (Product Activation Failed) TVM Homework Sum19

i need a timeline drawn, identify what type of TVM it is and step by step calulations image text in transcribed
Microsoft Word (Product Activation Failed) TVM Homework Sum19 (Protected View) Mailings View Review Enable Editing ton and might be unsafe. Click for more details. However, you CAN add up values occurring in the same time period, Homework Problems: 1. Sam deposits $600 each year for 10 years earning 49%. How much would he have at the end of the 10 years? 2. Lydia wants $8,000 in 5 years. How much must she save each month if the account were to earn 9%? 3. Ben wants to get a loan of $8,000. If the rate is 6 % and term is 5 years, what would his monthly payments be? Remember the relationship between when you get the money from a loan and when payments are made. 4. Greg wants to go to travel around the world for the next 4 years. He believes he will need $36,000/year to live on. He wants to know how much money he must have in his account now to be able to fund his travels. Assume the money will earn 4 % 5. Refer to problem # 4. What would your answer be if the rate were 18%? 6. Based on your answers from #5 and #4, complete this sentence: The higher the interest rate, the the present value

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