More info Solve various time value of money scenarios. (Click the icon to view the scenarios.) (Click the icon to view the present value of $1 table. 3 (Click the icon to view the future value of $1 table.) Scenario 1. Ben just hit the jackpot in Las Vegas and we the nearest whole dollar.) 1. Ben just hit the jackpot in Las Vegas and won $55,000! If he invests it now, at a 12% interest rate, how much will it be worth in 15 years? 2. Hunt would like to have $2,000,000 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? to in 3. Assume that Ramona accumulates savings of $1 million by the time she retires. If she invests this s savings at 12%, how much money will she be able to withdraw at the end of each year for twenty years? 4. Faith plans to invest $6,500 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 10% interest rate, how much would Marisa have to invest now to be able to withdraw $12,000 at the end of every year for the next nine years? 6. Nick is considering a capital investment that costs $515,000 and will provide the following net cash inflows: Future value Scenario 2. Hunt would like to have $2,000,000 saved b dollar.) goal? (Round your answer to the nearest whole Present value Scenario 3. Assume that Ramona accumulates savings answer to the nearest whole dollar and enter as a positiv w at the end of each year for 20 years? (Round your Amount able to withdraw Year Net Cash Inflow Year 1 ... $306,000 Year 2 ... $ 204,000 Year 3 ... $96,000 Using a hurdle rate of 10%, find the NPV of the investment. Scenario 4. Faith plans to invest $6,500 at the end of ea dollar.) now? (Round your answer to the nearest whole Future value Scenario 5. Assuming a 10% interest rate, how much w ind your answer to the nearest whole dollar.) Print Done