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.) 5 Click the icon to view the future value of annuity of $1 table.) Scenario 1. Adam just hit the jackpot in Las Vegas and won $25,000! If he invests it now at a 14% interest rate, how much will it be worth in 15 years? (Round your answer to 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 10% interest rate to fund his retirement goal? (Round your answer to the nearest whole dollar.) Present value = $ Scenario 3. Assume that Vivian accumulates savings of $2 million by the time she retires. If she invests this savings at 10%, how much money will she be able to withdraw at the end of each year for 15 years? (Round your answer to the nearest whole dollar and enter as a positive amount.) Amount able to withdraw = S Scenario 4. Hannah 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 worth seven years from now? (Round your answer to the nearest whole dollar.) Future value = $ Scenario 5. Assuming a 10% interest rate, how much would Marisa have to invest now to be able to withdraw $11,000 at the end of every year for the next nine years? (Round your answer to the nearest whole dollar.) Present value = $ Scenario 6. Michael is considering a capital investment that costs $525,000 and will provide net cash inflows for three years. Using a hurdle rate of 8%, find the NPV of the investment. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign to represent a negative NPV.) Net Present Value (NPV) = $ Scenario 7. What is the IRR of the capital investment described in Question 6? The IRR is the interest rate at which the investment NPV = 0. We tried 8% in question 6, now we'll try 10% and calculate the NPV. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign to represent a negative NPV.) Net Present Value (NPV) = S The IRR for the project is Enter any number in the edit fields and then continue to the next question. ? More Info 1. Adam just hitjehe jackpot in Las Vegas and won $25,000! If he invests it now at a 14% interest rate, how much will it be worth in 15 years? 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 10% interest rate to fund his retirement goal? 3. Assume that Vivian accumulates savings of $2 million by the time she retires. If she invests this savings at 10%, how much money will she be able to withdraw at the end of each year for 15 years? 4. Hannah 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 10% interest rate, how much would Marisa have to invest now to be able to withdraw $11,000 at the end of every year for the next nine years? 6. Michael is considering a capital investment that costs $525,000 and will provide the following net cash inflows: Year Net Cash Inflow $304,000 2 $200,000 3. $ 105,000 Using a hurdle rate of 8%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6? 1. Print Done