More Info 1. Irving just hit the jackpot in Las Vegas and won $30,000! If he invests it now at a 10% 2. Alan would like to have $2,500,000 saved by the time he retires in 40 years. How much 3. Assume that Maria accumulates savings of $1.5 million by the time she retires. If she interest rate, how much will it be worth in 20 years? does he need to invest now at a 14% interest rate to fund his retirement goal? invests this savings at 12%, how much money will she be able to withdraw at the end of each year for 20 years? 4. Faith plans to invest $6,500 at the end of each year for the next eight years. Assuming a 12% interest rate, what will her investment be worth eight years from now? ' Assuming a 10% interest rate, how much would Katie have to invest now to be able to withdraw $10,000 at the end of every year for the next nine years? Sammy is considering a capital investment that costs $525,000 and will provide the following net cash inflows 6. Net Cash Inflow 304,000 $202,000 $96,000 Year Using a hurdle rate of 8%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6