Solve various time value of money scenarios. (Cick the icon to view the scenarios) (Click the icen to view the present value factor table.) (Click the icon to view the present value annuity factor table.) (Ciek the icon to view the future value factor table.) (Click the icon to view the future value annuity factor table) Scenario 1. Suppose you invest a sum of $4,000 in an interest-bearing account at the fate of 10% per year. What will the investment be worth six years trom now? (Round yo noarest whole doliary In sx years the imestment will be worth More info 1. Suppose you invest a sum of $4,000 in an interest-bearing account at the rate of 10% per year. What will the imvestment be worth six years trom now? 2. How much would you need to invest now to be able to withdraw 56,000 at the end of every yoar for the next 20 years? Assume a 12% interest rate 3. Assume that you want to have $175,000 saved seven years from now, if you can invest your funds at an 8% interest rate, how much do you currently need to imvest? 4. Your aunt Janet plans to give you $4,000 at the end of evvery year for the next ten yearn. If you invest each of her yearly gifse at a 12% interest rate, how much will they be worth at the end of the 10y0ar penod? 5. Suppose you want to buy a small cabin in the mountains four years from now. You iatimate that the property wil cost 551,000 at that time. How much money do you need to invest each year in an interest-bearing account at the rate of 6% per yoar to accumulate the purchase price