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Solve vienous the value of money scenarios. Cick the non to view the scenanoe? (Cica the lobe to view Eit present value of S1 wable.)

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Solve vienous the value of money scenarios. Cick the non to view the scenanoe? (Cica the lobe to view Eit present value of S1 wable.) (Cick the icen to view the present yalue of ansulty of $1 tatle) (Cick the icon to view the fature value of 51 table.) (Clck the icon to vies the future value of annuity of \$1 table.) Fiture viatue = More info 1. Ben just hit the jackpot in Las Vegas and won $30,000 ! If he invests it now, at a 10% interest rate, how much will it be worth in 20 years? 2. Curtis would like to have $3,500,000 saved by the time he retires in 40 years. How much does he need to invest now at a 14% interest rate to fund his retirement goal? 3. Assume that Stephanie accumulates savings of $1.5 million by the time 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 twenty years? 4. Cathy plans to invest $4,000 at the end of each year for the next seven years. Assuming a 12% interest rate, what will her investment be worth seven years from now? 5. Assuming a 6% interest rate, how much would Sarah have to invest now to be able to withdraw $10,000 at the end of every year for the next nine 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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