Solve various time value of money scenarios. (Click the icon to view the scenarios) (Click the icon to view the present value of $1 tabie.) (Click the icon to view the present value of annuity of $1 table.) (Click the icon to view the future value of \$1 table.) (Clek the icon to view the future value of annuity of $1 table.) Scenario 1. Harold just hit the jackpot in Las Vegas and won $50,000 t If he invests it now, at a 12% interest rate, how much will it be worth in 20 years? (Round your answer to the nearest whole dollar.) Future value = More info 1. Harold just hit the jackpot in Las Vegas and won $50,0001 If he irvests it now, at a 12% interest rate, how much will it be worth in 20 years? 2. Forest would like to have $3,500,000 saved by the time he retires in 40 years. How much does he need to invest now at a 10% interest rale to fund his relirement goal? 3. Assume that Nancy accumulates sarings of $2 million by the time she retires. If she invests this savings at 12%, how much money will she be able to withdraw at the end of each year for fifteen years? 4. Bonnie plans to invest $4,500 at the end of each year for the next seven years. Assuming a 14% interest rate, what will her investment be worth seven years from now? 5. Assuming a 6% interest rate, how much would Terri have to imvest now to be able to withdraw $8,000 at the end of every year for the next nine years? 6. Chuckie is considering a capital investment that costs $505,000 and wil provide the following net cash inflows: Using a hurdle rate of 12%, find the NPV of the investnent. 7. What is the IRR of the capital investment described in Question 6 ? Present Value of Annuity of $1 Reference Reference Reference