More info 1. Daniel just hit the jackpot in Las Vegas and won $40,000 ! If he invests it now, at a 12% interest rate, how much will it be worth in 15 years? 2. Donald would like to have $2,500,000 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? 3. Assume that Lilian 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 twenty years? 4. Ivana plans to invest $4,000 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? 5. Assuming a 10% interest rate, how much would Vanna have to invest now to be able to withdraw $8,000 at the end of every year for the next nine years? 6. Aaron is considering a capital investment that costs $520,000 and will provide the following net cash inflows: 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 ? \begin{tabular}{ll|l} Reference & Reference \end{tabular} Reference Future value = nearest whole dollar.) Present value = your answer to the nearest whole dollar and enter as a positive amount.) Amount able to withdraw = whole dollar.) = Present value = Present value = 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? o represent a negative NPV.) Net Present Value (NPV) = The IRR for the project is