Solve various time value of money scenarios Roderick would like to have $4,000,000 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 = $ Assume that Lilian accumulates savings of $1 million by the lime 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 20 years? (Round your answer to the nearest whole dollar and enter as a positive amount) Amount able to withdraw = $ Cathy 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? (Round your answer to the nearest whole dollar) Future value = $ Assuming a 6% interest rate, how much would Jennifer have to invest now to be able to withdraw $14,000 at the end of every year for the next ten years? (Round your answer to the nearest whole dollar) Present value = $ Nick is considering a capital Investment that costs $525,000 and will provide net cash inflows lot three years Using a hurdle rate of 8%, find the NPV of the investment (Round your answer to the nearest whole dollar. Use parenthesis or a minus sign to represent a negative NPV.) Net Present Value (NPV) = $ 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