12 3 Scenario 1 Harold just hit the jackpot in Las Vegas and won $50,000 If he invests it now, at a 10 interest rate, how much will it be worth in 20 years (Round your answer to the nearest whole dollar ) Future value Scenario 2 Curtis would like to have $2,000,000 saved by the time he retires in 30 years How much does he need to invest now at a 10 interest rate to fund his retirement goal (Round your answer to the nearest whole dollar ) Present value Scenario 3 Assume that Lilian accumulates savings of $2 million by the time she retires If she invests this savings at 8 , how much money will she be able to withdraw at the end of each year for 15 years (Round your answer to the nearest whole dollar and enter as a positive amount ) Amount able to withdraw Scenario 4 Jessica plans to invest $5,000 at the end of each year for the next eight years Assuming a 10 interest rate, what will her investment be worth eight years from now (Round your answer to the nearest whole dollar ) Future value Scenario 5 Assuming a 12 interest rate, how much would Sarah have to invest now to be able to withdraw $14 000 at the end of every year for the next nine years (Round your answer to the nearest whole dollar ) Present value Scenario 6 Booker is considering a capital investment that costs $500,000 and will provide net cash inflows for three years Using a hurdle rate of 12 , find the NPV of the investment (Round your answer to the nearest whole dollar Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) Scenario 7 What is the IRR of the capital investment described in Question 6 The IRR is the interest rate at which the investment NPV 0 We tried Scenario 7 What is the IRR of the capital investment described in Question 6 The IRR is the interest rate at which the investment NPV 0 We tried 12 in question 6, now we'll try 14 and calculate the NPV (Round your answer to the nearest whole dollar Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) The IRR for the project is between 10 and 12 between 12 and 14 between 14 and 16 between 16 and 18 Reference Future Value of Annuity of S1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 Period 2 2 010 2 020 2 030 2 040 2 050 2 060 2 080 2 100 2 120 2 140 2 160 2 180 2 200 Period 3 3 030 3 060 3 091 3 122 3 153 3 184 3 246 3 310 3 374 3 440 3 506 3 572 3 640 Period 4 4 060 4 122 4 184 4 246 4 310 4 375 4 506 4 641 4 779 4 921 5 066 5 215 5 368 Period 5 5 101 5 204 5 309 5 416 5 526 5 637 5 867 6 105 6 353 6 610 6 877 7 154 7 442 Period 6 6 152 6 308 6 468 6 633 6 802 6 975 7 336 7 716 8 115 8 536 8 977 9 442 9 930 Period 7 7 214 7 434 7 662 7 898 8 142 8 394 8 923 9 487 10 089 10 730 11 414 12 142 12 916 Period 8 8 286 8 583 8 892 9 214 9 549 9 897 10 637 11 436 12 300 13233 14 240 15 327 16 499 Period 9 9 369 9 755 10 159 10 583 11 027 11 491 12 488 13 579 14 776 16 085 17 519 19 086 20 799 Period 10 10 462 10 950 11 464 12 006 12 578 13 181 14 48715 937 17 549 19 337 21 321 23 521 25 959 Period 11 11 567 12 169 12 808 13 486 14 207 14 972 16 645 18 531 20 655 23 045 25 733 28 755 32 150 Period 12 12 683 13 412 14 192 15 026 15 917 16 870 18 977 21 384 24 133 27271 30 850 34 931 39 581 Period 13 13 809 14 680 15 618 16 627 17 713 18 882 21 495 24 523 28 029 32 089 36 786 42 219 48 497 Period 14 14 94715 974 17 086 18 292 19 599 21 015 24 215 27 975 32 393 37581 43 672 50 818 59 196 Period 15 16 097 17 293 18 599 20 024 21 579 23 276 27 152 31 772 37 280 43 842 51 660 60 965 72 035 Period 20 22 019 24 297 26 870 29 778 33 066 36 786 45 762 57 275 72 052 91 025 115 380 146 628 186 688 Period 25 28 243 32 03036 459 41 646 47 727 54 865 73 106 98 347 133 334 181 871 249 214 342 603 471 981 Period 30 34 785 40 568 47 575 56 085 66 43979 058 113 283 164 494 241 333 356 787 530 312 790 948 1,181 882 Period 40 48 886 60 402 75 401 95 026 120 800 154 762 259 057 442 593 767 091 1,342 025 2,360 757 4,163 2137 343 858 Print Done Reference Present Value of Annuity of $1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 1 0 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 1 970 1 942 1 913 1 886 1 859 1 833 1 783 1 736 1 6901 647 1 605 1 566 1 528 Period 3 2 941 2 884 2 829 2 775 2 723 2 673 2 577 2 487 2 402 2 322 2 246 2 174 2 106 Period 4 3 902 3 808 3 717 3 630 3 546 3 465 3 312 3 170 3 037 2 914 2 798 2 690 2 589 Period 5 4 853 4 713 4 580 4 452 4 3294212 3 993 3 791 3 605 3 433 3 274 3 127 2 991 Period 6 5 795 5 601 5 417 5 2425 076 4 917 4 623 4 355 4 111 3 889 3 685 3 498 3 326 Period 7 6 728 6 472 6 230 6 002 5 786 5 5825 206 4 868 4 564 4 288 4 039 3 812 3 605 Period 8 7 652 7 325 7 020 6 733 6 463 6 210 5 747 5 335 4 968 4 639 4 344 4 078 3 837 Period 9 8 566 8 1627 786 7 435 7 108 6 8026 247 5 759 5 328 4 9464 607 4 303 4 031 Period 10 9 471 8 983 8 530 8 111 7 722 7 360 6 710 6 145 5 6505 216 4 833 4 494 4 192 Period 1110 368 9 787 9 2538 760 8 306 7 887 7 139 6 495 5 938 5 453 5 029 4 656 4 327 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 536 6 814 6 1945 660 5 1974 793 4 439 Period 13 12 134 11 348 10 635 9 986 9 394 8 8537 904 7 103 6 424 5 842 5 3424 910 4 533 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 244 7 367 6 628 6 002 5 468 5 008 4 611 Period 15 13 865 12 849 11 938 11 118 10 380 9 7128 559 7 606 6 811 6 142 5 575 5 092 4 675 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 9 818 8 5147 469 6 623 5 9295 353 4 870 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 10 675 9 077 7 8436 873 6 097 5 467 4 948 Period 30 25 808 22 396 19 600 17 292 15 372 13 765 11 258 9 4278 055 7 003 6 177 5 517 4 979 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 11 925 9 779 8 244 7 105 6 233 5 548 4 997 Print Done Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 1 1 010 1 020 1 030 1 041 1 051 2 1 020 1 040 1 061 1 082 1 104 3 1 030 1 061 1 093 1 126 1 159 4 1 040 1 082 1 125 1 170 1 217 Period 6 Period 7 Period 8 Period 9 Period 10 1 126 1 149 1 172 1 195 1 219 1 194 1 230 1 267 1 305 1 344 1 265 1 316 1 369 1 423 1 480 Future Value of $1 5 6 8 10 12 14 16 18 20 1 050 1 060 1 080 1 100 1 120 1 140 1 160 1 180 1 200 1 103 1 124 1 166 1 210 1 254 1 300 1 346 1 392 1 440 1 158 1 191 1 260 1 331 1 405 1 482 1 561 1 643 1 728 1 216 1 262 1 360 1 464 1 574 1 689 1 811 1 939 2 074 1 276 1 338 1 469 1 611 1 762 1 925 2 100 2 288 2 488 1 340 1 419 1 587 1 772 1 974 2 195 2 436 2 700 2 986 1 407 1 504 1 714 1 949 2 211 2 502 2 826 3 185 3 583 1 477 1 594 1 851 2 144 2 476 2 853 3 278 3 759 4 300 1 551 1 689 1 999 2 358 2 773 3 252 3 803 4 435 5 160 1 629 1 791 2 159 2 594 3 106 3 707 4 411 5 234 6 192 1 710 1 898 2 332 2 853 3 479 4 226 5 117 6 176 7 430 1 796 2 012 2 518 3 138 3 896 4 818 5 936 7 288 8 916 1 886 2 133 2 720 3 452 4 363 5 492 6 886 8 599 10 699 1 980 2 261 2 937 3 797 4 887 6 261 7 988 10 147 12 839 2 079 2 397 3 172 4 177 5,474 7 138 9 266 11 974 15 407 2 653 3 207 4 661 6 727 9 646 13 743 19 461 27 393 38 338 3 386 4 292 6 848 10 835 17 000 26 462 40 874 62 669 95 396 4,322 5 743 10 063 17 449 29 960 50 950 85 850 143 371 237 376 7 040 10 286 21 725 45 259 93 051 188 884 378 721 750 378 1 469 772 1 062 1 072 1 083 1 094 1 105 1,116 1 127 1 138 1 149 1 161 1 220 1 282 1 348 1 489 Period 11 Period 12 Period 13 Period 14 Period 15 1 243 1 268 1 294 1 319 1 346 1 486 1 641 1 811 2 208 1 384 1 426 1 469 1 513 1 558 1 539 1 601 1 665 1 732 1 801 Period 20 Period 25 Period 30 Period 40 1 806 2 094 2 427 3 262 2 191 2 666 3 243 4 801 Print Done Reference Present Value of $1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 10 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 0 8570 826 0 797 0 769 0 743 0 7180 694 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 0 794 0 751 0 712 0 675 0 641 0 609 0 579 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 0 735 0 683 0 636 0 592 0 552 0 516 0 482 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 0 681 0 621 0 567 0 519 0 476 0 437 0 402 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 0 630 0 564 0 507 0 4560 410 0 370 0 335 Period 7 0 933 0 871 0 813 0 760 0 711 0 665 0 583 0 513 0 452 0 400 0 354 0 314 0 279 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 0 540 0 467 0 404 0 351 0 305 0 266 0 233 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 0 500 0 424 0 361 0 308 0 263 0 225 0 194 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 0 463 0 386 0 322 0 270 0 227 0 191 0 162 Period 110 896 0 8040 722 0 650 0 585 0 527 0 429 0 350 0 287 0 237 0 1950 162 0 135 Period 120 887 0 788 0 701 0 625 0 557 0 497 0 397 0 319 0 257 0 208 0 168 0 137 0 112 Period 13 0 879 0 773 0 681 0 601 0 530 0 4690 368 0 290 0 229 0 182 0 145 0 116 0 093 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 0 340 0 263 0 205 0 160 0 125 0 099 0 078 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 0 315 0 2390 183 0 140 0 108 0 084 0 065 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 0 215 0 149 0 104 0 073 0 051 0 037 0 026 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 0 146 0 092 0 059 0 038 0 024 0 0160 010 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 0 099 0 057 0 033 0 0200 012 0 007 0 004 Period 400 672 0 453 0 307 0 208 0 142 0 097 0 046 0 022 0 011 0 005 0 003 0 001 0 001 Print Done Scenario 1 Harold just hit the jackpot in Las Vegas and won $50,000 If he invests it now, at a 10 interest rate, how much will it be worth in 20 years (Round your answer to the nearest whole dollar ) Future value Scenario 2 Curtis would like to have $2,000,000 saved by the time he retires in 30 years How much does he need to invest now at a 10 interest rate to fund his retirement goal (Round your answer to the nearest whole dollar ) Present value Scenario 3 Assume that Lilian accumulates savings of $2 million by the time she retires If she invests this savings at 8 , how much money will she be able to withdraw at the end of each year for 15 years (Round your answer to the nearest whole dollar and enter as a positive amount ) Amount able to withdraw Scenario 4 Jessica plans to invest $5,000 at the end of each year for the next eight years Assuming a 10 interest rate, what will her investment be worth eight years from now (Round your answer to the nearest whole dollar ) Future value Scenario 5 Assuming a 12 interest rate, how much would Sarah have to invest now to be able to withdraw $14 000 at the end of every year for the next nine years (Round your answer to the nearest whole dollar ) Present value Scenario 6 Booker is considering a capital investment that costs $500,000 and will provide net cash inflows for three years Using a hurdle rate of 12 , find the NPV of the investment (Round your answer to the nearest whole dollar Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) Scenario 7 What is the IRR of the capital investment described in Question 6 The IRR is the interest rate at which the investment NPV 0 We tried Scenario 7 What is the IRR of the capital investment described in Question 6 The IRR is the interest rate at which the investment NPV 0 We tried 12 in question 6, now we'll try 14 and calculate the NPV (Round your answer to the nearest whole dollar Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) The IRR for the project is between 10 and 12 between 12 and 14 between 14 and 16 between 16 and 18 Reference Future Value of Annuity of S1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 Period 2 2 010 2 020 2 030 2 040 2 050 2 060 2 080 2 100 2 120 2 140 2 160 2 180 2 200 Period 3 3 030 3 060 3 091 3 122 3 153 3 184 3 246 3 310 3 374 3 440 3 506 3 572 3 640 Period 4 4 060 4 122 4 184 4 246 4 310 4 375 4 506 4 641 4 779 4 921 5 066 5 215 5 368 Period 5 5 101 5 204 5 309 5 416 5 526 5 637 5 867 6 105 6 353 6 610 6 877 7 154 7 442 Period 6 6 152 6 308 6 468 6 633 6 802 6 975 7 336 7 716 8 115 8 536 8 977 9 442 9 930 Period 7 7 214 7 434 7 662 7 898 8 142 8 394 8 923 9 487 10 089 10 730 11 414 12 142 12 916 Period 8 8 286 8 583 8 892 9 214 9 549 9 897 10 637 11 436 12 300 13233 14 240 15 327 16 499 Period 9 9 369 9 755 10 159 10 583 11 027 11 491 12 488 13 579 14 776 16 085 17 519 19 086 20 799 Period 10 10 462 10 950 11 464 12 006 12 578 13 181 14 48715 937 17 549 19 337 21 321 23 521 25 959 Period 11 11 567 12 169 12 808 13 486 14 207 14 972 16 645 18 531 20 655 23 045 25 733 28 755 32 150 Period 12 12 683 13 412 14 192 15 026 15 917 16 870 18 977 21 384 24 133 27271 30 850 34 931 39 581 Period 13 13 809 14 680 15 618 16 627 17 713 18 882 21 495 24 523 28 029 32 089 36 786 42 219 48 497 Period 14 14 94715 974 17 086 18 292 19 599 21 015 24 215 27 975 32 393 37581 43 672 50 818 59 196 Period 15 16 097 17 293 18 599 20 024 21 579 23 276 27 152 31 772 37 280 43 842 51 660 60 965 72 035 Period 20 22 019 24 297 26 870 29 778 33 066 36 786 45 762 57 275 72 052 91 025 115 380 146 628 186 688 Period 25 28 243 32 03036 459 41 646 47 727 54 865 73 106 98 347 133 334 181 871 249 214 342 603 471 981 Period 30 34 785 40 568 47 575 56 085 66 43979 058 113 283 164 494 241 333 356 787 530 312 790 948 1,181 882 Period 40 48 886 60 402 75 401 95 026 120 800 154 762 259 057 442 593 767 091 1,342 025 2,360 757 4,163 2137 343 858 Print Done Reference Present Value of Annuity of $1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 1 0 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 1 970 1 942 1 913 1 886 1 859 1 833 1 783 1 736 1 6901 647 1 605 1 566 1 528 Period 3 2 941 2 884 2 829 2 775 2 723 2 673 2 577 2 487 2 402 2 322 2 246 2 174 2 106 Period 4 3 902 3 808 3 717 3 630 3 546 3 465 3 312 3 170 3 037 2 914 2 798 2 690 2 589 Period 5 4 853 4 713 4 580 4 452 4 3294212 3 993 3 791 3 605 3 433 3 274 3 127 2 991 Period 6 5 795 5 601 5 417 5 2425 076 4 917 4 623 4 355 4 111 3 889 3 685 3 498 3 326 Period 7 6 728 6 472 6 230 6 002 5 786 5 5825 206 4 868 4 564 4 288 4 039 3 812 3 605 Period 8 7 652 7 325 7 020 6 733 6 463 6 210 5 747 5 335 4 968 4 639 4 344 4 078 3 837 Period 9 8 566 8 1627 786 7 435 7 108 6 8026 247 5 759 5 328 4 9464 607 4 303 4 031 Period 10 9 471 8 983 8 530 8 111 7 722 7 360 6 710 6 145 5 6505 216 4 833 4 494 4 192 Period 1110 368 9 787 9 2538 760 8 306 7 887 7 139 6 495 5 938 5 453 5 029 4 656 4 327 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 536 6 814 6 1945 660 5 1974 793 4 439 Period 13 12 134 11 348 10 635 9 986 9 394 8 8537 904 7 103 6 424 5 842 5 3424 910 4 533 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 244 7 367 6 628 6 002 5 468 5 008 4 611 Period 15 13 865 12 849 11 938 11 118 10 380 9 7128 559 7 606 6 811 6 142 5 575 5 092 4 675 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 9 818 8 5147 469 6 623 5 9295 353 4 870 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 10 675 9 077 7 8436 873 6 097 5 467 4 948 Period 30 25 808 22 396 19 600 17 292 15 372 13 765 11 258 9 4278 055 7 003 6 177 5 517 4 979 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 11 925 9 779 8 244 7 105 6 233 5 548 4 997 Print Done Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 1 1 010 1 020 1 030 1 041 1 051 2 1 020 1 040 1 061 1 082 1 104 3 1 030 1 061 1 093 1 126 1 159 4 1 040 1 082 1 125 1 170 1 217 Period 6 Period 7 Period 8 Period 9 Period 10 1 126 1 149 1 172 1 195 1 219 1 194 1 230 1 267 1 305 1 344 1 265 1 316 1 369 1 423 1 480 Future Value of $1 5 6 8 10 12 14 16 18 20 1 050 1 060 1 080 1 100 1 120 1 140 1 160 1 180 1 200 1 103 1 124 1 166 1 210 1 254 1 300 1 346 1 392 1 440 1 158 1 191 1 260 1 331 1 405 1 482 1 561 1 643 1 728 1 216 1 262 1 360 1 464 1 574 1 689 1 811 1 939 2 074 1 276 1 338 1 469 1 611 1 762 1 925 2 100 2 288 2 488 1 340 1 419 1 587 1 772 1 974 2 195 2 436 2 700 2 986 1 407 1 504 1 714 1 949 2 211 2 502 2 826 3 185 3 583 1 477 1 594 1 851 2 144 2 476 2 853 3 278 3 759 4 300 1 551 1 689 1 999 2 358 2 773 3 252 3 803 4 435 5 160 1 629 1 791 2 159 2 594 3 106 3 707 4 411 5 234 6 192 1 710 1 898 2 332 2 853 3 479 4 226 5 117 6 176 7 430 1 796 2 012 2 518 3 138 3 896 4 818 5 936 7 288 8 916 1 886 2 133 2 720 3 452 4 363 5 492 6 886 8 599 10 699 1 980 2 261 2 937 3 797 4 887 6 261 7 988 10 147 12 839 2 079 2 397 3 172 4 177 5,474 7 138 9 266 11 974 15 407 2 653 3 207 4 661 6 727 9 646 13 743 19 461 27 393 38 338 3 386 4 292 6 848 10 835 17 000 26 462 40 874 62 669 95 396 4,322 5 743 10 063 17 449 29 960 50 950 85 850 143 371 237 376 7 040 10 286 21 725 45 259 93 051 188 884 378 721 750 378 1 469 772 1 062 1 072 1 083 1 094 1 105 1,116 1 127 1 138 1 149 1 161 1 220 1 282 1 348 1 489 Period 11 Period 12 Period 13 Period 14 Period 15 1 243 1 268 1 294 1 319 1 346 1 486 1 641 1 811 2 208 1 384 1 426 1 469 1 513 1 558 1 539 1 601 1 665 1 732 1 801 Period 20 Period 25 Period 30 Period 40 1 806 2 094 2 427 3 262 2 191 2 666 3 243 4 801 Print Done Reference Present Value of $1 Periods 1 2 3 4 5 6 8 10 12 14 16 18 20 Period 10 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 0 8570 826 0 797 0 769 0 743 0 7180 694 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 0 794 0 751 0 712 0 675 0 641 0 609 0 579 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 0 735 0 683 0 636 0 592 0 552 0 516 0 482 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 0 681 0 621 0 567 0 519 0 476 0 437 0 402 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 0 630 0 564 0 507 0 4560 410 0 370 0 335 Period 7 0 933 0 871 0 813 0 760 0 711 0 665 0 583 0 513 0 452 0 400 0 354 0 314 0 279 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 0 540 0 467 0 404 0 351 0 305 0 266 0 233 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 0 500 0 424 0 361 0 308 0 263 0 225 0 194 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 0 463 0 386 0 322 0 270 0 227 0 191 0 162 Period 110 896 0 8040 722 0 650 0 585 0 527 0 429 0 350 0 287 0 237 0 1950 162 0 135 Period 120 887 0 788 0 701 0 625 0 557 0 497 0 397 0 319 0 257 0 208 0 168 0 137 0 112 Period 13 0 879 0 773 0 681 0 601 0 530 0 4690 368 0 290 0 229 0 182 0 145 0 116 0 093 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 0 340 0 263 0 205 0 160 0 125 0 099 0 078 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 0 315 0 2390 183 0 140 0 108 0 084 0 065 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 0 215 0 149 0 104 0 073 0 051 0 037 0 026 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 0 146 0 092 0 059 0 038 0 024 0 0160 010 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 0 099 0 057 0 033 0 0200 012 0 007 0 004 Period 400 672 0 453 0 307 0 208 0 142 0 097 0 046 0 022 0 011 0 005 0 003 0 001 0 001 Print Done

Question

12 3 Scenario 1  Harold just hit the jackpot in Las Vegas and won $50,000  If he invests it now, at a 10  interest rate, how much will it be worth in 20 years  (Round your answer to the nearest whole dollar ) Future value Scenario 2  Curtis would like to have $2,000,000 saved by the time he retires in 30 years  How much does he need to invest now at a 10  interest rate to fund his retirement goal  (Round your answer to the nearest whole dollar ) Present value Scenario 3  Assume that Lilian accumulates savings of $2 million by the time she retires  If she invests this savings at 8 , how much money will she be able to withdraw at the end of each year for 15 years  (Round your answer to the nearest whole dollar and enter as a positive amount ) Amount able to withdraw   Scenario 4  Jessica plans to invest $5,000 at the end of each year for the next eight years  Assuming a 10  interest rate, what will her investment be worth eight years from now  (Round your answer to the nearest whole dollar ) Future value Scenario 5  Assuming a 12  interest rate, how much would Sarah have to invest now to be able to withdraw $14 000 at the end of every year for the next nine years  (Round your answer to the nearest whole dollar ) Present value   Scenario 6  Booker is considering a capital investment that costs $500,000 and will provide net cash inflows for three years  Using a hurdle rate of 12 , find the NPV of the investment  (Round your answer to the nearest whole dollar  Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV)   Scenario 7  What is the IRR of the capital investment described in Question 6  The IRR is the interest rate at which the investment NPV   0  We tried Scenario 7  What is the IRR of the capital investment described in Question 6  The IRR is the interest rate at which the investment NPV   0  We tried 12  in question 6, now we'll try 14  and calculate the NPV  (Round your answer to the nearest whole dollar  Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) The IRR for the project is between 10  and 12  between 12  and 14  between 14  and 16  between 16  and 18  Reference Future Value of Annuity of S1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 Period 2 2 010 2 020 2 030 2 040 2 050 2 060 2 080 2 100 2 120 2 140 2 160 2 180 2 200 Period 3 3 030 3 060 3 091 3 122 3 153 3 184 3 246 3 310 3 374 3 440 3 506 3 572 3 640 Period 4 4 060 4 122 4 184 4 246 4 310 4 375 4 506 4 641 4 779 4 921 5 066 5 215 5 368 Period 5 5 101 5 204 5 309 5 416 5 526 5 637 5 867 6 105 6 353 6 610 6 877 7 154 7 442 Period 6 6 152 6 308 6 468 6 633 6 802 6 975 7 336 7 716 8 115 8 536 8 977 9 442 9 930 Period 7 7 214 7 434 7 662 7 898 8 142 8 394 8 923 9 487 10 089 10 730 11 414 12 142 12 916 Period 8 8 286 8 583 8 892 9 214 9 549 9 897 10 637 11 436 12 300 13233 14 240 15 327 16 499 Period 9 9 369 9 755 10 159 10 583 11 027 11 491   12 488 13 579 14 776 16 085 17 519 19 086 20 799 Period 10 10 462 10 950 11 464 12 006 12 578 13 181 14 48715 937 17 549 19 337 21 321 23 521 25 959 Period 11 11 567 12 169 12 808 13 486 14 207 14 972 16 645 18 531 20 655 23 045 25 733 28 755 32 150 Period 12 12 683 13 412 14 192 15 026 15 917 16 870 18 977 21 384 24 133 27271 30 850 34 931 39 581 Period 13 13 809 14 680 15 618 16 627 17 713 18 882 21 495 24 523 28 029 32 089 36 786 42 219 48 497 Period 14 14 94715 974 17 086 18 292 19 599 21 015 24 215 27 975 32 393 37581 43 672 50 818 59 196 Period 15 16 097 17 293 18 599 20 024 21 579 23 276 27 152 31 772 37 280 43 842 51 660 60 965 72 035 Period 20 22 019 24 297 26 870 29 778 33 066 36 786 45 762 57 275 72 052 91 025 115 380 146 628 186 688 Period 25 28 243 32 03036 459 41 646 47 727 54 865 73 106 98 347 133 334 181 871 249 214 342 603 471 981 Period 30 34 785 40 568 47 575 56 085 66 43979 058 113 283 164 494 241 333 356 787 530 312 790 948 1,181 882 Period 40 48 886 60 402 75 401 95 026 120 800 154 762 259 057 442 593 767 091 1,342 025 2,360 757 4,163 2137 343 858 Print Done Reference Present Value of Annuity of $1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 1 0 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 1 970 1 942 1 913 1 886 1 859 1 833 1 783 1 736 1 6901 647 1 605 1 566 1 528 Period 3 2 941 2 884 2 829 2 775 2 723 2 673 2 577 2 487 2 402 2 322 2 246 2 174 2 106 Period 4 3 902 3 808 3 717 3 630 3 546 3 465 3 312 3 170 3 037 2 914 2 798 2 690 2 589 Period 5 4 853 4 713 4 580 4 452 4 3294212 3 993 3 791 3 605 3 433 3 274 3 127 2 991 Period 6 5 795 5 601 5 417 5 2425 076 4 917 4 623 4 355 4 111 3 889 3 685 3 498 3 326 Period 7 6 728 6 472 6 230 6 002 5 786 5 5825 206 4 868 4 564 4 288 4 039 3 812 3 605 Period 8 7 652 7 325 7 020 6 733 6 463 6 210 5 747 5 335 4 968 4 639 4 344 4 078 3 837 Period 9 8 566 8 1627 786 7 435 7 108 6 8026 247 5 759 5 328 4 9464 607 4 303 4 031 Period 10 9 471 8 983 8 530 8 111 7 722 7 360 6 710 6 145 5 6505 216 4 833 4 494 4 192 Period 1110 368 9 787 9 2538 760 8 306 7 887 7 139 6 495 5 938 5 453 5 029 4 656 4 327 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 536 6 814 6 1945 660 5 1974 793 4 439 Period 13 12  134 11 348 10 635 9 986 9 394 8 8537 904 7 103 6 424 5 842 5 3424 910 4 533 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 244 7 367 6 628 6 002 5 468 5 008 4 611 Period 15 13 865 12 849 11 938 11 118 10 380 9 7128 559 7 606 6 811 6 142 5 575 5 092 4 675 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 9 818 8 5147 469 6 623 5 9295 353 4 870 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 10 675 9 077 7 8436 873 6 097 5 467 4 948 Period 30 25 808 22 396 19 600 17 292 15 372 13 765 11 258 9 4278 055 7 003 6 177 5 517 4 979 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 11 925 9 779 8 244 7 105 6 233 5 548 4 997 Print Done   Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 1  1 010 1 020 1 030 1 041 1 051 2  1 020 1 040 1 061 1 082 1 104 3  1 030 1 061 1 093 1 126 1 159 4  1 040 1 082 1 125 1 170 1 217 Period 6 Period 7 Period 8 Period 9 Period 10 1 126 1 149 1 172 1 195 1 219 1 194 1 230 1 267 1 305 1 344 1 265 1 316 1 369 1 423 1 480 Future Value of $1 5  6  8  10  12  14  16  18  20  1 050 1 060 1 080 1 100 1 120 1 140 1 160 1 180 1 200 1 103 1 124 1 166 1 210 1 254 1 300 1 346 1 392 1 440 1 158 1 191 1 260 1 331 1 405 1 482 1 561 1 643 1 728 1 216 1 262 1 360 1 464 1 574 1 689 1 811 1 939 2 074 1 276 1 338 1 469 1 611 1 762 1 925 2 100 2 288 2 488 1 340 1 419 1 587 1 772 1 974 2 195 2 436 2 700 2 986 1 407 1 504 1 714 1 949 2 211 2 502 2 826 3 185 3 583 1 477 1 594 1 851 2 144 2 476 2 853 3 278 3 759 4 300 1 551 1 689 1 999 2 358 2 773 3 252 3 803 4 435 5 160 1 629 1 791 2 159 2 594 3 106 3 707 4 411 5 234 6 192 1 710 1 898 2 332 2 853 3 479 4 226 5 117 6 176 7 430 1 796 2 012 2 518 3 138 3 896 4 818 5 936 7 288 8 916 1 886 2 133 2 720 3 452 4 363 5 492 6 886 8 599 10 699 1 980 2 261 2 937 3 797 4 887 6 261 7 988 10 147 12 839 2 079 2 397 3 172 4 177 5,474 7 138 9 266 11 974 15 407 2 653 3 207 4 661 6 727 9 646 13 743 19 461 27 393 38 338 3 386 4 292 6 848 10 835 17 000 26 462 40 874 62 669 95 396 4,322 5 743 10 063 17 449 29 960 50 950 85 850 143 371 237 376 7 040 10 286 21 725 45 259 93 051 188 884 378 721 750 378 1 469 772 1 062 1 072 1 083 1 094 1 105 1,116 1 127 1 138 1 149 1 161 1 220 1 282 1 348 1 489 Period 11 Period 12 Period 13 Period 14 Period 15 1 243 1 268 1 294 1 319 1 346 1 486 1 641 1 811 2 208 1 384 1 426 1 469 1 513 1 558 1 539 1 601 1 665 1 732 1 801 Period 20 Period 25 Period 30 Period 40 1 806 2 094 2 427 3 262 2 191 2 666 3 243 4 801 Print Done Reference Present Value of $1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 10 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 0 8570 826 0 797 0 769 0 743 0 7180 694 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 0 794 0 751 0 712 0 675 0 641 0 609 0 579 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 0 735 0 683 0 636 0 592 0 552 0 516 0 482 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 0 681 0 621 0 567 0 519 0 476 0 437 0 402 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 0 630 0 564 0 507 0 4560 410 0 370 0 335 Period 7 0 933 0 871 0 813 0 760 0 711 0 665 0 583 0 513 0 452 0 400 0 354 0 314 0 279 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 0 540 0 467 0 404 0 351 0 305 0 266 0 233 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 0 500 0 424 0 361 0 308 0 263 0 225 0 194 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 0 463 0 386 0 322 0 270 0 227 0 191 0 162 Period 110 896 0 8040 722 0 650 0 585 0 527 0 429 0 350 0 287 0 237 0 1950 162 0 135 Period 120 887 0 788 0 701 0 625 0 557 0 497 0 397 0 319 0 257 0 208 0 168 0 137 0 112 Period 13 0 879 0 773 0 681 0 601 0 530 0 4690 368 0 290 0 229 0 182 0 145 0 116 0 093 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 0 340 0 263 0 205 0 160 0 125 0 099 0 078 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 0 315 0 2390 183 0 140 0 108 0 084 0 065 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 0 215 0 149 0 104 0 073 0 051 0 037 0 026 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 0 146 0 092 0 059 0 038 0 024 0 0160 010 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 0 099 0 057 0 033 0 0200 012 0 007 0 004 Period 400 672 0 453 0 307 0 208 0 142 0 097 0 046 0 022 0 011 0 005 0 003 0 001 0 001 Print Done Scenario 1  Harold just hit the jackpot in Las Vegas and won $50,000  If he invests it now, at a 10  interest rate, how much will it be worth in 20 years  (Round your answer to the nearest whole dollar ) Future value Scenario 2  Curtis would like to have $2,000,000 saved by the time he retires in 30 years  How much does he need to invest now at a 10  interest rate to fund his retirement goal  (Round your answer to the nearest whole dollar ) Present value Scenario 3  Assume that Lilian accumulates savings of $2 million by the time she retires  If she invests this savings at 8 , how much money will she be able to withdraw at the end of each year for 15 years  (Round your answer to the nearest whole dollar and enter as a positive amount ) Amount able to withdraw   Scenario 4  Jessica plans to invest $5,000 at the end of each year for the next eight years  Assuming a 10  interest rate, what will her investment be worth eight years from now  (Round your answer to the nearest whole dollar ) Future value Scenario 5  Assuming a 12  interest rate, how much would Sarah have to invest now to be able to withdraw $14 000 at the end of every year for the next nine years  (Round your answer to the nearest whole dollar ) Present value   Scenario 6  Booker is considering a capital investment that costs $500,000 and will provide net cash inflows for three years  Using a hurdle rate of 12 , find the NPV of the investment  (Round your answer to the nearest whole dollar  Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV)   Scenario 7  What is the IRR of the capital investment described in Question 6  The IRR is the interest rate at which the investment NPV   0  We tried Scenario 7  What is the IRR of the capital investment described in Question 6  The IRR is the interest rate at which the investment NPV   0  We tried 12  in question 6, now we'll try 14  and calculate the NPV  (Round your answer to the nearest whole dollar  Use parentheses or a minus sign to represent a negative NPV ) Net Present Value (NPV) The IRR for the project is between 10  and 12  between 12  and 14  between 14  and 16  between 16  and 18  Reference Future Value of Annuity of S1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 Period 2 2 010 2 020 2 030 2 040 2 050 2 060 2 080 2 100 2 120 2 140 2 160 2 180 2 200 Period 3 3 030 3 060 3 091 3 122 3 153 3 184 3 246 3 310 3 374 3 440 3 506 3 572 3 640 Period 4 4 060 4 122 4 184 4 246 4 310 4 375 4 506 4 641 4 779 4 921 5 066 5 215 5 368 Period 5 5 101 5 204 5 309 5 416 5 526 5 637 5 867 6 105 6 353 6 610 6 877 7 154 7 442 Period 6 6 152 6 308 6 468 6 633 6 802 6 975 7 336 7 716 8 115 8 536 8 977 9 442 9 930 Period 7 7 214 7 434 7 662 7 898 8 142 8 394 8 923 9 487 10 089 10 730 11 414 12 142 12 916 Period 8 8 286 8 583 8 892 9 214 9 549 9 897 10 637 11 436 12 300 13233 14 240 15 327 16 499 Period 9 9 369 9 755 10 159 10 583 11 027 11 491   12 488 13 579 14 776 16 085 17 519 19 086 20 799 Period 10 10 462 10 950 11 464 12 006 12 578 13 181 14 48715 937 17 549 19 337 21 321 23 521 25 959 Period 11 11 567 12 169 12 808 13 486 14 207 14 972 16 645 18 531 20 655 23 045 25 733 28 755 32 150 Period 12 12 683 13 412 14 192 15 026 15 917 16 870 18 977 21 384 24 133 27271 30 850 34 931 39 581 Period 13 13 809 14 680 15 618 16 627 17 713 18 882 21 495 24 523 28 029 32 089 36 786 42 219 48 497 Period 14 14 94715 974 17 086 18 292 19 599 21 015 24 215 27 975 32 393 37581 43 672 50 818 59 196 Period 15 16 097 17 293 18 599 20 024 21 579 23 276 27 152 31 772 37 280 43 842 51 660 60 965 72 035 Period 20 22 019 24 297 26 870 29 778 33 066 36 786 45 762 57 275 72 052 91 025 115 380 146 628 186 688 Period 25 28 243 32 03036 459 41 646 47 727 54 865 73 106 98 347 133 334 181 871 249 214 342 603 471 981 Period 30 34 785 40 568 47 575 56 085 66 43979 058 113 283 164 494 241 333 356 787 530 312 790 948 1,181 882 Period 40 48 886 60 402 75 401 95 026 120 800 154 762 259 057 442 593 767 091 1,342 025 2,360 757 4,163 2137 343 858 Print Done Reference Present Value of Annuity of $1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 1 0 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 1 970 1 942 1 913 1 886 1 859 1 833 1 783 1 736 1 6901 647 1 605 1 566 1 528 Period 3 2 941 2 884 2 829 2 775 2 723 2 673 2 577 2 487 2 402 2 322 2 246 2 174 2 106 Period 4 3 902 3 808 3 717 3 630 3 546 3 465 3 312 3 170 3 037 2 914 2 798 2 690 2 589 Period 5 4 853 4 713 4 580 4 452 4 3294212 3 993 3 791 3 605 3 433 3 274 3 127 2 991 Period 6 5 795 5 601 5 417 5 2425 076 4 917 4 623 4 355 4 111 3 889 3 685 3 498 3 326 Period 7 6 728 6 472 6 230 6 002 5 786 5 5825 206 4 868 4 564 4 288 4 039 3 812 3 605 Period 8 7 652 7 325 7 020 6 733 6 463 6 210 5 747 5 335 4 968 4 639 4 344 4 078 3 837 Period 9 8 566 8 1627 786 7 435 7 108 6 8026 247 5 759 5 328 4 9464 607 4 303 4 031 Period 10 9 471 8 983 8 530 8 111 7 722 7 360 6 710 6 145 5 6505 216 4 833 4 494 4 192 Period 1110 368 9 787 9 2538 760 8 306 7 887 7 139 6 495 5 938 5 453 5 029 4 656 4 327 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 536 6 814 6 1945 660 5 1974 793 4 439 Period 13 12  134 11 348 10 635 9 986 9 394 8 8537 904 7 103 6 424 5 842 5 3424 910 4 533 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 244 7 367 6 628 6 002 5 468 5 008 4 611 Period 15 13 865 12 849 11 938 11 118 10 380 9 7128 559 7 606 6 811 6 142 5 575 5 092 4 675 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 9 818 8 5147 469 6 623 5 9295 353 4 870 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 10 675 9 077 7 8436 873 6 097 5 467 4 948 Period 30 25 808 22 396 19 600 17 292 15 372 13 765 11 258 9 4278 055 7 003 6 177 5 517 4 979 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 11 925 9 779 8 244 7 105 6 233 5 548 4 997 Print Done   Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 1  1 010 1 020 1 030 1 041 1 051 2  1 020 1 040 1 061 1 082 1 104 3  1 030 1 061 1 093 1 126 1 159 4  1 040 1 082 1 125 1 170 1 217 Period 6 Period 7 Period 8 Period 9 Period 10 1 126 1 149 1 172 1 195 1 219 1 194 1 230 1 267 1 305 1 344 1 265 1 316 1 369 1 423 1 480 Future Value of $1 5  6  8  10  12  14  16  18  20  1 050 1 060 1 080 1 100 1 120 1 140 1 160 1 180 1 200 1 103 1 124 1 166 1 210 1 254 1 300 1 346 1 392 1 440 1 158 1 191 1 260 1 331 1 405 1 482 1 561 1 643 1 728 1 216 1 262 1 360 1 464 1 574 1 689 1 811 1 939 2 074 1 276 1 338 1 469 1 611 1 762 1 925 2 100 2 288 2 488 1 340 1 419 1 587 1 772 1 974 2 195 2 436 2 700 2 986 1 407 1 504 1 714 1 949 2 211 2 502 2 826 3 185 3 583 1 477 1 594 1 851 2 144 2 476 2 853 3 278 3 759 4 300 1 551 1 689 1 999 2 358 2 773 3 252 3 803 4 435 5 160 1 629 1 791 2 159 2 594 3 106 3 707 4 411 5 234 6 192 1 710 1 898 2 332 2 853 3 479 4 226 5 117 6 176 7 430 1 796 2 012 2 518 3 138 3 896 4 818 5 936 7 288 8 916 1 886 2 133 2 720 3 452 4 363 5 492 6 886 8 599 10 699 1 980 2 261 2 937 3 797 4 887 6 261 7 988 10 147 12 839 2 079 2 397 3 172 4 177 5,474 7 138 9 266 11 974 15 407 2 653 3 207 4 661 6 727 9 646 13 743 19 461 27 393 38 338 3 386 4 292 6 848 10 835 17 000 26 462 40 874 62 669 95 396 4,322 5 743 10 063 17 449 29 960 50 950 85 850 143 371 237 376 7 040 10 286 21 725 45 259 93 051 188 884 378 721 750 378 1 469 772 1 062 1 072 1 083 1 094 1 105 1,116 1 127 1 138 1 149 1 161 1 220 1 282 1 348 1 489 Period 11 Period 12 Period 13 Period 14 Period 15 1 243 1 268 1 294 1 319 1 346 1 486 1 641 1 811 2 208 1 384 1 426 1 469 1 513 1 558 1 539 1 601 1 665 1 732 1 801 Period 20 Period 25 Period 30 Period 40 1 806 2 094 2 427 3 262 2 191 2 666 3 243 4 801 Print Done Reference Present Value of $1 Periods 1  2  3  4  5  6  8  10  12  14  16  18  20  Period 10 990 0 980 0 971 0 962 0 952 0 943 0 926 0 909 0 893 0 877 0 862 0 847 0 833 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 0 8570 826 0 797 0 769 0 743 0 7180 694 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 0 794 0 751 0 712 0 675 0 641 0 609 0 579 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 0 735 0 683 0 636 0 592 0 552 0 516 0 482 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 0 681 0 621 0 567 0 519 0 476 0 437 0 402 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 0 630 0 564 0 507 0 4560 410 0 370 0 335 Period 7 0 933 0 871 0 813 0 760 0 711 0 665 0 583 0 513 0 452 0 400 0 354 0 314 0 279 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 0 540 0 467 0 404 0 351 0 305 0 266 0 233 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 0 500 0 424 0 361 0 308 0 263 0 225 0 194 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 0 463 0 386 0 322 0 270 0 227 0 191 0 162 Period 110 896 0 8040 722 0 650 0 585 0 527 0 429 0 350 0 287 0 237 0 1950 162 0 135 Period 120 887 0 788 0 701 0 625 0 557 0 497 0 397 0 319 0 257 0 208 0 168 0 137 0 112 Period 13 0 879 0 773 0 681 0 601 0 530 0 4690 368 0 290 0 229 0 182 0 145 0 116 0 093 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 0 340 0 263 0 205 0 160 0 125 0 099 0 078 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 0 315 0 2390 183 0 140 0 108 0 084 0 065 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 0 215 0 149 0 104 0 073 0 051 0 037 0 026 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 0 146 0 092 0 059 0 038 0 024 0 0160 010 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 0 099 0 057 0 033 0 0200 012 0 007 0 004 Period 400 672 0 453 0 307 0 208 0 142 0 097 0 046 0 022 0 011 0 005 0 003 0 001 0 001 Print Done

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12#3 Scenario 1. Harold just hit the jackpot in Las Vegas and won $50,000! If he invests it now, at a 10% interest rate, how

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