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Homework Instructions: In a Word doc (or similar software) TYPE out the TVM identifier for the type of problem for each of the timelines below. Your possible answers are PVLS; PVA; PVA Payment; FVLS, FVA; or FVA Payment (you must include the word Payment (РМТЬ ok) if it applies). Write your reasoning using the How to Determine sheet as to why you decided on your answer Below each of your timeline identifications write a one sentence problem that fits that timeline. the figures from the timeline in your problem. Remember to number each of your answers. An example is given for #1. 3,000 Problem Type: FVLS The wording ofthe question that corresponds to the timeline would be: IfI deposit 3,000 today and it grows for 6 years, how much will there be in the account? 0 6 7 8 20! -- 8,0001 50 s0 50 50 10 200 200 200 200 200 200 5. 725 5,000 6. 1.000 4.000 2.000
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Answer #1

Answer to Q#2 (First question in the list): Time line given: 1 2 4 C) C) C3 8,000 PVLS: The wording of the question that corresponds to the timeline would be: If the accumulated amount would be 8,000 at the end of 20 years from today, how much should be deposited today? NOTE: PVLS stands for Present Value of Lumpsum

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