II. Time Value of Money - Il 19) Mercer Shaved loe Co has identified an investment project with the following cash flows. If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? At 24 percent? Year Cash Flow 1 $1,300 2 500 3 700 4 1.620 20) Rasputin, Inc., has identified an investment project with the following cash flows. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4? What is the future value at a discount rate of 11 percent? At 24 percent? Year Cash Flow 1 S 900 2 1,000 3 1.100 4 1.200 21) Fill in the missing future values in the following table for an ordinary annuity. Number of Annual TED Present Annuity Future Value O Year Cash Flow 1 S 900 2 1.000 3 1.100 1.200 21) Fill in the missing future values in the following table for an ordinary annuity. Annuity Future Value Number of Annual Payments or Years Interest Rate 10 6% 20 12% 25 4% 360 1% Present Value 0 0 0 0 $250.00 $1,387.88 $600.00 $572.25 22) Jack and Jill are saving for a rainy day and decide to put S50 away in their local bank every year for the next twenty-five years. The local Up-the-Hill Bank will pay them 7% on their account . 1 Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of twenty-five years? b. Unfortunately, Jack was hurt in an accident after only ten years of savings. The medical bill has come to $700. Is there enough in the rainy-day fund to cover it