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.) (Click the icon to view the present value of annuity of $1 table.) (Click the icon to view the future value of $1 table.) (Click the icon to view the future value of annuity of $1 table.) Future value = Scenario 2. Bob would like to have $2,500,000 saved by the time he retires in 40 years. How much does he need to invest now at a 14% interest ra Present value = More info Scenario 3. Assume that Ramona accumulates savings of $2 million by the time she retires. If she invests this savings at 10%, how much money w enter as a positive amount.) 1. Harold just hit the jackpot in Las Vegas and won $55,000 ! If he invests it now, at a 10% Amount able to withdraw = interest rate, how much will it be worth in 15 years? 2. Bob would like to have $2,500,000 saved by the time he retires in 40 years. How much does Scenario 4. Ivana plans to invest $2,000 at the end of each year for the next eight years. Assuming a 10% interest rate, what will her investment be he need to invest now at a 14% interest rate to fund his retirement goal? 3. Assume that Ramona accumulates savings of $2 million by the time she retires. If she Future value = invests this savings at year for twenty years? 4. Ivana plans to invest $2,000 at the end of each year for the next eight years. Assuming a 10% interest rate, what will her investment be worth eight years from now? 5. Assuming a 12% interest rate, how much would Terri have to invest now to be able to withdraw $13,000 at the end of every year for the next ten years? 6. Michael is considering a capital investment that costs $505,000 and will provide the following net cash inflows: Using a hurdle rate of 10%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6