Tutorial 2 - Word Review View Help Tell me what you want to do AJ. d 1 Normal 1 No Spac... Heading 1 Heading 2 ---- Title Subtitle Paragraph Styles Tutorial 2-time value of money pt.2 1. Wilbert is thinking of investing on an airplane machine for 5 years. The investment is projected to be giving out a yearly profit of $300 in year 1, $450 year 2, $400 in year 3 and 4, and $250 in the last year. If his return on the investment is predicted to be 4.5% what the value of the investment in 5 years? 2. Karen went to NYC to lease an apartment for 4 years and will make an immediate payment of $20000. The interest rate on her money is 7.5%. What is the value her money today? 3. Jane needed to have at least $45000 in reserve in her bank account before she retires in 10 years. She currently have a total sum of money worth $35000 in order to fulfill her wish she started to invest her money on a local bank which requires her to make a payment of $1500 starting today for 10 years. a. Compute how much money will she have in 10 years time? b. Will she more than $45000 by the end of 10 years? 4. I plan to save a total of $15000 each year for the next 10 years to buy a new limited BMW car. Given that the bank will give me a 8.5% rate of interest, how much money will I have after 10 years? 5. Reynold wanted to have a total amount of $100,000 in cash before 5 years in order to celebrate his weeding. Given a 8.9% the rate of interest what will he need to save or investment in order to achieve his wish? O W la 1