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.) (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 value = Scenario 2. Inman would like to have $2,500,000 saved by the time he retires in 40 years. How much does he need to invest now at a 12% interest rate to fund his retirement goal? (Round your answer to the nearest whole dollar) Present value = Scenario 3. Assume that Tina accumulates savings of $2 milion by the time she retires. If she invesis this savings at 12%, how much money will she be able to withdraw at the end of each year for 20 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 $6,500 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? (Round your answer to the nearest. whole dollar) More info 1. Eddie just hit the jackpot in Las Vegas and won $45,000 I 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 $2,500,000 saved by the time he retires in 40 years. How much does he need to invest now at a 12% interest rate to fund his retirement goal? 3. Assume that Tina accumulates savings 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 twenty years? 4. Jessica plans to invest $6,500 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 12% interest rate, how much would Terri have to invest now to be able to withdraw $15,000 at the end of every year for the next ten years? 6. Sammy is considering a capital investment that costs $540,000 and will provide the following net cash inflows 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