E5.25 (LO 6) (Solving for Present and Future Values) Consider the following three independent scenarios. a. To save for retirement, you invest $10,000 at the end of each year for 25 years. If your investment earns interest at an annual rate of 5%, how much will you have when you retire? b. Lobners Candle Company signed a 20-year lease that requires annual payments of $7,000 at the beginning of each year. Assuming an annual interest rate of 6.5%, what is the present value of the lease payments? c. Maxwell Enterprises would like to have $1,000,000 saved up in 10 years to fund equipment and building upgrades. If Maxwell invests $180,000 today and