Autoane G2- Chapter 4 Case Study A4 - Time Value al Money Practice Exercise () - Saved teresia gatal TG File Home Draw Page Layout Formulas Data Review View Help Share Line Get Addim Madina Fotos Recommended Table Problem ch -- Recommended Charts - Maps Patch Tinte Text a She column WYLOS Symb 3D Map Spur Fies Link Con E84 f C D F G P 1 H M N Chapter 4 - Case Study Answer Sheet for Time Value of Money Exercise 2 QH Question Enter the answer from Moneychimp here 45 16 47 B 49 90 You just made your first $5,000 payment to your retirement plan with an annual rate of return @ 7% (you will not make any additional payments) A. What will your account be worth when you retire in 45 years? Show your work here 51 52 B. What if you don't make that first payment now, but wait another 10 years, what will your account be worth when you retire? 54 9 55 You will need $25,000 to start your business in 7 years. A. if you can earn 5% on an initial investment, how much will you have to deposit today? Show your work here 57 53 8. What if you want to start in 5 years, instead of 7 years? Show our work here Subminion Sheet Practice from