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. r=8%. How much money do you need to deposit now to fund the account fully? S.....(2). Timeline: - Exercise #3: You want to withdraw $6,500 once year at the beginning of each year for the next 11 years. r=8%. 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? ........[5]........... 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 year 2-6? Hint. Reverse the steps of exercise #4. .......[6...... 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: Steps: FV of $20,000 30 years from now = $......[7).............. Subtract the computed FV from $675,000. The difference is the FV that the payments have to accrue to. Solve for PMT = $.........(8)................. that produces that new FV