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Solve various time value of money scenarios Click the icon to view the scenarios.) (Click the icon to view the present value of $1

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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. Eddie just hit the jackpot in Las Vegas and won $45,0001 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 values = More info 1. Eddie just hit the jackpot in Las Vegas and won $45,000! If he invests it now, at a 14% interest rate, how much will it be worth in 15 years? 2. Forest would like to have $2,500,000 saved by the time he retires in 30 years. How much does he need to invest now at a 14% interest rate to fund his retirement goal? 3. Assume that Lilian accumulates savings of $1 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 twenty years? 4. Jessica plans to invest $4,000 at the end of each year for the next eight years. Assuming a 12% interest rate, what will her investment be worth eight years from now? 5. Assuming a 6% interest rate, how much would Temi have to invest now to be able to withdraw $15,000 at the end of every year for the next ten years? 6. Ray is considering a capital investment that costs $515,000 and will provide the following net cash inflows: Net Cash Inflow Year Year 1... $305,000 Year 2... $196.000 Year 3... $108,000 Using a hurdle rate of 10%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 62 - X

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