(ii) (i) Develop the timeline (linear representation of the timing of cash flows) Identify the time value of money variable (PV, FV, PMT, N or Rate) which needs to be calculated in the question. (iii) Identify the values of the remaining four variables (PV, FV, PMT, N or Rate) from the question. Be sure to input positive or negative signs. (iv) Calculate the correct value of the variable identified in step (ii). 4. Yolanda deposited $8,000 in a bank account, and 9 years later she closes out the account, which is worth $16,000. What annual rate of interest has she earned over the time period? Submit your answer as a percentage and round to two decimal places. 5. Bridgette wants to retire 41 years from now. She decides to start saving $350 each month into a Roth IRA starting at the end of this month. If the IRA is expected to earn an average annual return of 13% compounded monthly, how much will she have in the account at the end of 41 years? Round to two decimal places. 6. Durran has recently acquired a rare art piece that he plans to put on display in his private collection. He estimates that revenues generated from donations and admissions tickets to see the new exhibit will be $23,000 per year for the next five years. If he requires a rate of return of 7%, how much are the expected cash flows worth for him today? Round to two decimal places. 7. Your uncle Adelai promises to pay you S16,000 in five years. You believe that you can earn a 6% rate of return on any investments made between now and then. How much is the amount worth to you today? Round to two decimal places