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 future 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 annuity of $1 table.) Scenario 1. Adam just hit the jackpot in Las Vegas and won $55,000! If he invests it now, at a 14% interest rate, how much will it be worth in 20 years? (Round your answer to the nearest whole dollar.) Future value Scenario 2. Bob would like to have $3,000,000 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 Yvonne accumulates savings of $1.5 million by the time she retires. If she invests this savings at 8%, 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 Scenario 4. Jessica plans to invest $5,000 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? (Round your answer to the nearest whole dollar.) Future value = Scenario 5. Assuming a 6% interest rate, how much would Jennifer have to invest now to be able to withdraw $10,000 at the end of every year for the next ten years? (Round your answer to the nearest whole dollar.) Present value = Scenario 6. Nick is considering a capital investment that costs $540,000 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) The IRR for the project is = Reference Future Value of $1 Periods Period 1 1% 2% 3% 4% 5% 8% 1.010 1.020 1.030 1.040 1.050 1.060 8% 1.080 10% 12% 14% 1.100 1.120 1.140 18% 18% 20% 1.160 1.180 1.200 Period 2 1.020 1.040 1.061 1.082 Period 3 1.030 1.061 1.093 1.125 1.103 1.124 1.158 1.191 1.166 1.210 1.254 1.300 1.346 1.392 1.440 1.260 1.331 1.405 1.482 1.561 1.643 1.728 Period 4 1.041 1.082 1.126 1.170 1.216 1.262 1.360 1.464 1.574 1.689 1.811 1.939 2.074 Period 5 1.051 1.104 1.159 1.217 1.276 1.338 1.469 1.611 1.762 1.925 2.100 2288 2.488 Period 8 1.062 1.126 1.194 1.255 1.340 1.419 1.587 1.772 1.974 2.195 2.436 2.700 2.986 Period 7 1.072 1.149 1.230 1.316 1.407 1.504 1.714 1.949 2.211 2.502 2.826 3.185 3.583 Period 8 1.083 1.172 1.267 1.369 1.477 1.594 1.851 2.144 2.476 2.853 3.278 3.759 4.300 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1.999 2.358 2.773 3.252 3.803 4.435 5.160 Period 10 1.105 1.219 1.344 1.480 1.629 1.791 2.159 2.594 3.106 3.707 4.411 5.234 6.192 Period 11 1.116 1.243 1.384 1.539 Period 12 1.127 1.268 1.426 1.601 Period 13 1.138 1.294 1.469 Period 14 1.149 1.319 1.513 Period 15 1.161 1.346 Period 20 1.220 1.486 Period 25 1.282 1.641 2.094 Period 30 1.348 Period 40 1.489 2.208 1.811 2.427 3.252 1.806 2.191 2.666 3.243 4.801 1.710 1.898 2.332 1.796 2.012 2.518 3.138 3.896 4.818 1.665 1.886 2.133 2.720 3.452 4.353 5.492 6.886 8.599 10.699 1.732 1.980 2.261 2.937 3.797 4.887 6.251 7.988 10.147 12.839 1.558 1.801 2.079 2.397 3.172 4.177 5.474 7.138 9.266 11.974 15.407 2.653 3.207 4.661 6.727 9.646 13.743 19.461 27.393 38.338 3.386 4.292 6.848 10.835 17.000 25.462 40.874 62.669 95.396 4.322 5.743 10.063 17.449 29.960 50.950 85.850 143.371 237.376 7.040 10.286 21.725 45.259 93.051 188.884 378.721 750.378 1,469.772 2.853 3.479 4.226 5.117 6.176 7.430 5.936 7.288 8.916 Print Done Reference Present Value of $1 Periods 1% 2% 3% 4% Period 1 0.990 0.980 0.971 0.952 Period 2 0.980 0.961 0.943 0.925 0.744 Period 4 Period 5 Period 8 0.942 0.888 0.837 0.790 0.746 0.705 0.630 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 Period 9 0.914 0.837 0.592 0.500 Period 10 0.905 0.820 5% 8% 8% 10% 12% 14% 16% 0.952 0.943 0.925 0.909 0.893 0.877 0.862 0.907 0.890 0.857 0.826 0.797 0.769 0.743 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.635 0.592 0.552 0.516 0.482 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 18% 20% 0.847 0.833 0.718 0.694 0.564 0.513 0.467 0.766 0.703 0.645 0.424 0.361 0.676 0.614 0.558 0.463 0.386 0.322 0.507 0.456 0.410 0.370 0.335 0.452 0.400 0.354 0.314 0.279 0.404 0.351 0.305 0.266 0.233 0.308 0.263 0.225 0.194 0.270 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.459 0.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.253 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.673 0.554 0.456 0.377 0.478 0.375 0.295 0.412 0.308 0.231 0.417 0.315 0.239 0.183 0.140 Period 20 0.820 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.025 Period 25 0.780 0.610 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 Period 30 0.742 0.552 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 0.108 0.084 0.065 Print Done Reference Present Value of Annuity of $1 Periods 1% 2% 3% 0.980 0.971 1.942 1.913 1.885 4% 5% 0.962 0.952 1.859 2.884 2.829 2.775 Period 1 0.990 Period 2 1970 Period 3 2.941 Period 4 3.902 3.808 3.717 3.630 Period 5 4.853 4.713 4.580 4.452 Period 6 5.795 5.601 5.417 5.242 Period 7 6.728 6.472 6.230 6.002 Period 8 7.652 7.325 7.020 6.733 Period 9 8.566 8.162 7.786 7.435 Period 10 9.471 8.983 8.530 8.111 Period 11 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 Period 13 12.134 11.348 10.635 9.985 9.394 8.853 7.904 7.103 6.424 5.842 5.342 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.357 6.628 6.002 5.468 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 6.142 5.575 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 Period 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 Period 30 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 8.055 Period 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 6.623 6.873 7.003 8% 0.943 0.925 0.909 0.893 0.877 8% 10% 12% 14% 18% 18% 20% 0.862 0.847 0.8331 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 2.723 2.673 2.577 2.487 2.402 2.322 3.546 3.465 3.312 3.170 3.037 2.914 2.798 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 2.246 2.174 2.106 2.690 2.589 5.076 4.917 4.623 4.355 4.111 3.889 5.786 5.582 5.206 4.858 4.564 4.288 6.463 6.210 5.747 5.335 4.968 4.639 7.108 6.802 6.247 5.759 5.328 4.946 7.722 7.350 6.710 6.145 5.650 5.216 3.685 3.498 4.039 | 3.812 4.344 4.078 4.607 4.303 4.031 3.326 3.605 3.837 4.833 4.494 4.192 5.029 4.656 4.327 5.197 4.793 4.439 4.910 4.533 5.008 4.611 5.092 4.675 5.929 5.353 4.870 6.097 5.467 4.948 6.177 5.517 4.979 7.105 6.233 5.548 4.997 Print Done Reference Future Value of Annuity of $1 Periods 1% 2% 3% 4% Period 1 1.000 1.000 1.000 Period 2 2.010 2.020 2.030 Period 3 1.000 5% 1.000 8% 8% 1.000 1.000 1.000 10% 12% 14% 18% 18% 20% 1.000 1.000 1.000 1.000 1.000 2.040 2.050 3.030 3.060 3.091 3.122 2.060 3.153 3.184 2.080 2.100 2.120 2.140 2.160 2.180 2.200 3.246 3.310 3.374 3.440 3.506 3.572 3.640 Period 4 4.060 4.122 4.184 4.246 4.310 4.375 Period 5 5.101 5.204 5.309 5.416 5.526 5.637 4.506 5.867 6.105 4.641 4.779 6.353 4.921 5.066 5.215 5.368 6.610 6.877 7.154 7.442 Period 6 6.152 6.308 6.468 6.633 Period 7 Period 8 Period 9 Period 10 7.214 7.434 7.662 8.286 6.802 6.975 7.336 7.716 7.898 8.142 8.394 8.923 9.487 10.089 8.583 8.892 9.214 9.549 9.897 10.637 11.435 12.300 9.359 9.755 10.159 10.583 11.027 11.491 12.488 13.579 14.776 10.462 10.950 11.464 12.006 12.578 13.181 14.487 15.937 17.549 8.115 8.536 8.977 9.442 9.930 10.730 11.414 12.142 12.916 13.233 14.240 15.327 16.499 16.085 17.519 19.086 20.799 19.337 21.321 23.521 25.959 Period 11 Period 12 Period 13 Period 14 Period 15 11.567 12.169 12.808 13.486 14.207 14.972 16.645 18.531 20.655 12.683 13.412 14.192 15.026 15.917 16.870 18.977 21.384 24.133 13.809 14.680 15.618 16.627 17.713 18.882 21.495 24.523 | 28.029 14.947 15.974 17.085 18.292 19.599 21.015 24.215 27.975 32.393 16.097 17.293 18.599 20.024 21.579 23.276 27.152 31.772 37.280 23.045 27.271 32.089 37.581 43.842 25.733 30.850 36.786 42.219 43.672 50.818 51.660 28.755 32.150 34.931 39.581 48.497 59.196 60.965 72.035 Period 20 Period 25 Period 30 Period 40 22.019 24.297 26.870 29.778 33.066 36.786 45.762 57.275 72.052 91.025 115.380 146.628 186.688 28.243 32.030 36.459 41.646 47.727 54.865 73.105 98.347 133.334 181.871 249.214 342.603 471.981 34.785 40.568 47.575 56.085 66.439 79.058 113.283 164.494 241.333 356.787 530.312 790.948 1,181.882 48.886 60.402 75.401 95.026 120.800 154.762 259.057 442.593 767.091 1,342.025 2,360.757 4,163.213 7,343.858 Print Done