BUSI 512 Time Value of Money Homework For each problem: • Write-in the given information on the timeline • Provide the g

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Busi 512 Time Value Of Money Homework For Each Problem Write In The Given Information On The Timeline Provide The G 1 (24.05 KiB) Viewed 10 times

BUSI 512 Time Value of Money Homework For each problem: • Write-in the given information on the timeline • Provide the given information in the spaces . Find the unknown with your financial calculator to two decimal places-be sure to label your answer (S's, years, or %) n Financial Calculator: 1 PV n 1. How much do I need to invest today in an account that pays 5% interest in order to have $1,000,000 in ten years? 0 PMT FV f= Financial Calculator: U PV PMT FV 3 2. How much do I need to invest today in an account that pays 5% interest in order to have to have $2,000 at the end of each of the next ten years? 0 1 2 +----- 3 +- ...... n