More info S or th 1. Charlie just hit the jackpot in Las Vegas and won $45,000! If he invests it now, at a 14% interest rate, how much will it be worth in 20 years? 2. Alan would like to have $3,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 12% interest rate to fund his retirement goal? 3. Assume that Nancy accumulates savings of $1 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. Katelyn plans to invest $4,000 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 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 ten years? 6. Chuckie is considering a capital investment that costs $495,000 and will provide the following net cash inflows: Year Year 1 Year 2 Net Cash Inflow $308,000 Year 3 $196,000 $102,000 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 la Activate Window