Solve various time value of money scenarios. (Click the icon to view the scenafios.) (Cick the icon to viow the present value factor table.) (Cick the icon to view the present value annuity factor table) (Cick the icon to view the future value factor table.) (Click the icon to view the tsure value anruiay taclar table.) Scenario 1. Suppose you imest a sum of $3,500 in an interest bearing aocount at the tate of 10% per year. What will the investhent be worth six years from now? (Round your answer to the nearest whole dollar) In six years the investuneri will be worth More info 1. Suppove you inest a sum of $3,600 in an interest bearing account at ite rate of 10% per year What wi the investnent be worth sic years from now? 2. Hose much wodld you need to invest now to be able to withdraw $13.600 at the end of every yea for the nent 20 years? Assumie a 12% inerest rate 3. Assume that you wart to have $160,000 saved seven years from now. If you can invest your hunds at an bW interest rate, how much do you cumenty need to invest? 4. Your aund desse plans to give you 53,500 at tee end of every year for the neat ten years. If you imvest each of her yearly off at a 14% interest rate. how much wil they be worth at tewe end of the 10 year period? 5. Suppose you want to buy a small cabin in the mountains four yean teom now. You estmaie that the propenty will cosi $53.500 at that lime. How much monay do you med to invest esch year in an interestbearing aceount at the rave of 6% per year to accumulate the purchase price