Question: Answer problem and show work please 5. Find the present value of the timeline of cash flows shown below assuming an interest rate of 7%
5. Find the present value of the timeline of cash flows shown below assuming an interest rate of 7% 7 14 o 1 2 3 4 150 50 50 150 4 5 8 9 10 200 200 200 200 200 200 11 50 12 50 13 50 15 16 100 100 6. If your parents put $2,500 a year into an IRA account for you in for each year of your life and you are now 20 years old, Assuming you now decide to go to college for 6 years, how much will you have to spend each year at 12% per year? PV FV PMT RATE NPER PV FV PMT RATE NPER 7. Tylers' mother gave him $1000 for a graduation gift. His plan is to add 500 each quarter for the next 5 years to put towards buying a house. Assuming his investments will earn 12% annually yet quarterly compounded, how much would Tyler have saved for purchase of a house. PV FV PMT RATE NPER
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