Urgent help please solve accurately
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. Adam just hit the jackpot in Las Vegas and won $60,000 If he invests it now, at a 10% 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 $4,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 10% interest rate to fund his retirement goal? (Round your answer to the nearest whole dollar.) Presentvalue= Scenario 3. Assume that Zoey 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 15 years? (Round your answer to the nearest whole dollar and enter as a positive amount.) Amount able to withdraw = Scenario 4. Cathy plans to invest $3,000 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? (Round your answer to the nearest whole dollar.) = Scenario 5. Assuming a 12% interest rate, how much would Jennifer have to invest now to be able to withdraw $11,000 at the end of every year for the next nine years? (Round your answer to the nearest whole dollar.) Presentvalue= Scenario 6. Nick is considering a capital investment that costs $525,000 and will provide net cash inflows for three years. Using a hurdle rate of 8\%, find the NPV of the investment. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign to represent a negative NPV.) Net Present Value (NPV) = Scenario 7. 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 between 6% and 8% between 8% and 10% between 10% and 12% between 12% and 14% More info 1. Adam just hit the jackpot in Las Vegas and won $60,000 ! If he invests it now, at a 10% interest rate, how much will it be worth in 15 years? 2. Inman 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 10% interest rate to fund his retirement goal? 3. Assume that Zoey 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. Cathy plans to invest $3,000 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 Jennifer have to invest now to be able to withdraw $11,000 at the end of every year for the next nine years? 6. Nick is considering a capital investment that costs $525,000 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? Reference Reference Reference Reference
