Which of the following statements best describes the use of timelines in time value of money calculations?

If \$300 is invested at an annual interest rate of 7% compounded annually, what will be the total amount after 5 years?

Using a present value table, calculate the present value of an annuity that pays \$1,000 annually for 4 years at a discount rate of 5%.

Using a future value table, calculate the future value of an annuity that pays \$500 annually for 3 years at an interest rate of 6%.

Why is the market interest rate used in time value of money calculations instead of the stated interest rate?

Why is a dollar today worth more than a dollar tomorrow?

If \$400 is invested at an annual interest rate of 9% compounded annually, what will be the total amount after 4 years?

What is the future value of \$800 invested today at an annual interest rate of 4% for 6 years?

What is the primary benefit of using timelines in financial calculations?

How are cash flows visualized in an ordinary annuity?