More info 1. Irving just hit the jackpot in Las Vegas and won $70,000! If he invests it now, at a 14% interest rate, how much will it be worth in 15 years? 2. Hunt would like to have $4,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 14% interest rate to fund his retirement goal? 3. Assume that Tina 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 fifteen years? 4. Donna plans to invest $5,500 at the end of each year for the next eight years. Assuming a 14% interest rate, what will her investment be worth eight years from now? 5. Assuming a 12% interest rate, how much would Penelope have to invest now to be able to withdraw $10,000 at the end of every year for the next nine years? 6. Nick is considering a capital investment that costs $490,000 and will provide the following net cash inflows: Year Net Cash Inflow Year 1 $298,000 Year 2 Year 3 $202,000 $106,000/ Using a hurdle rate of 12%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6? Print Done X Activate Windows Go to Settings to activat