Adam just hit the jackpot in Las Vegas and won $55,000! If he invests it now at a 10% interest rate, how much will it be worth in 20 years? Curtis would like to have $3,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 10% interest rate to fund his retirement goal? Assume that Yvonne accumulates savings of $2 million by the time she retires. If she invests this savings at 10%, how much money will she be able to withdraw at the end of each year for 15 years? Ivana 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? Assuming a 10% interest rate, how much would Sarah have to invest now to be able to withdraw $15,000 at the end of every year for the next ten years? Chuckie is considering a capital investment that costs $520,000 and will provide the 1. 2. 3. 4. 5. 6