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1. Jeff just hit the jackpot in Las Vegas and won $45,000 ! If he...

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1. Jeff just hit the jackpot in Las Vegas and won $45,000 ! If he invests it now, at a 10% interest rate, how much will it be worth in 20 years? 2. Forest would like to have $2,000,000 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 8%, how much money will she be able to withdraw at the end of each year for twenty years? 4. Geena plans to invest $5,000 at the end of each year for the next eight years. Assuming a 10% interest rate, what will her investment be worth eight years from now? 5. Assuming a 10% 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. Booker is considering a capital investment that costs $485,000 and will provide the following net cash inflows: Using a hurdle rate of 12%, find the NPV of the investment. 7. What is the IRR of the capital investment described in Question 6

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