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olve various time value of money scenarics. (Click the icon to view the scenarios.) (Click the icon to view the present value of S1 table.)
olve various time value of money scenarics. (Click the icon to view the scenarios.) (Click the icon to view the present value of S1 table.) (Click the icon to view the present value of annuity of $1 table.) Click the con to view the future value of annuity of SI table Click the icon to view the future value of $1 table.) Scenario 1. Ben ust hit the jackpot in Las Vegas and won $30,000 f he invests now a a 1 % n erest rate, how much will i be worth n 0 years? Round your answer o the nearest whole dollar. Future value$ Scenario 2. Inman would like to have $3,500,000 saved by the time he retires in 30 years. How much does he need to invest now at a 14% interest rate to fund his retirement goal? Round your answer to the nearest whole dollar. Present value = $ Scenario 3. Assu me that Penny accumulates savings o S1.5 mil on the time she retires f she invests th s sav ngs at 2 % how much money wil she be able to withdraw at the end o each ear for20 years? our our answer othe earest whole dollar and enter as a positive amount.) Amount able to withdraw Scenario 4. Ivana plans to invest $5,500 at the end o each year or he next eight years. Assuming a 14% interest rate, what will her investment be worth eight years rom now? Round your answer to the nearest whole dollar. Future value S Scenario 5 Assuming a 12% interest rate, how much would Terri have to invest now to be able to withdraw $10.000 at the end of every year for the next nine years? Present value S Scenario 6. Chuckie is considering a capital est ent that costs $505,000 and will provide net cash in ows o three years. Using a hurdle rate o 10%, find the NP Round your answer to the nearest whole dollar. o the est ent Round your answer to the nearest whole dollar. Use
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