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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.)

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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 viow the present value of annuity of \$1 table.) (Click the icon to view the future value of \$1 table.) (Click the ioon to view the future value of annulty of \$1 table.) Scenario 1. Daniel just hit the jackpot in Las Vegas and won $35,000 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. Daniel just hit the jackpot in Las Vegas and won $35,000 I If he invests it now, at a 12% interest rate, how much will it be worth in 20 years? 2. Curtis 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 12% 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 12%, how much money will she be able to withdraw at the end of each year for fifteen years? 4. Bonnie plans to invest $2,500 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 12% interest rate, how much would Katie have to invest now to be able to withdraw $12,000 at the end of every year for the next ten years? 6. Darren is considering a capital investment that costs $515,000 and will provide the following net cash inflows: Using a hurdle rate of 10%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6? Reference Reference Reference Reference

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