1. If a project that costs 210,000 dollars initially, and cash returns 66,000 each year for the next 3 years, what is the Net present value if the desired rate of return is 8 % ?

2. If a project that costs 204,000 dollars initially, and returns 70,000 each year for the next 4 years, what is the present value annuity factor that you would look up in order to estimate the IRR?

3. If a project that costs 202,000 dollars initially, and returns 94,000 each year for the next 3 years, what is the payback period in years?

4. If a project investment in a machine that costs 200,000 dollars initially, while returning cash flows of 83,000 each year for the next 3 years with no salvage value, what is the accrual accounting rate of return?