Homework: Homework Chapter 12 Score: 0 of 5 pts 2 of 4 (0 complete) P12-59B (similar to) Solve various time value of money scenarios. (Click the icon to view the scenarios.) (Click the icon to view the present value of $1 table.) (Click the icon to view the future value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) (Click the icon to view the future value of annuity of $1 table.) Scenario 1. Daniel just hit the jackpot in Las Vegas and won $50,000! If he invests it now, at a 12% interest rate, how much will it be worth in 20 years? (Round Future value 2 of 4 (0 complete) v 1 More Info 1. Daniel just hit the jackpot in Las Vegas and won $50,000! If he invests it now, at a 12% interest rate, how much will it be worth in 20 years? 2. Donald would like to have $3,500,000 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? 3. Assume that Yvonne accumulates savings of $1.5 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 twenty years? 4. Geena plans to invest $3,000 at the end of each year for the next seven years. Assuming a 12% interest rate, what will her investment be worth seven years from now? 5. Assuming a 10% interest rate, how much would Terri have to invest now to be able to withdraw $9,000 at the end of every year for the next nine years? 6. Aaron is considering a capital investment that costs $510,000 and will provide the following net cash inflows: Year Net Cash Inflow er 12 2 of 4 (0 complete) i More Info - X 4. Geena plans to invest $3,000 at the end of each year for the next seven years. Assuming a 12% interest rate, what will her investment be worth seven years from now? 5. Assuming a 10% interest rate, how much would Terri have to invest now to be able to withdraw $9,000 at the end of every year for the next nine years? 6. Aaron is considering a capital investment that costs $510,000 and will provide the following net cash inflows: Year Net Cash Inflow Year 1 ... $300,000 Year 2 $206,000 Year 3 $102,000 Using a hurdle rate of 10%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6