1) Sabrina deposits $700in an account at the end of each year for 3years. If the account pays 2% interest annually, how much money will be in Sabrina's account at the end of 3years?

$___ (Round to the nearest cent.)

2)The Shelby Cobra retails for $47,135 (all taxes included). What are the monthly loan payments for the car if you make a down payment of $4,298,the term is 3 years and the APR is 11%? (Car loan payments are made at the end of each month.)

What is the amount of the monthly payment?

$___(Type a number to the nearest cent.)

3) A factory costs $430,000.You forecast it will produce cash inflows of $110,000 in year 1, $300,000in year 2, and $360,000 in year 3. The cost of capital is 10%.

What is the net present value (NPV) of the factory?

The NPV of the factory is $__ (Round to the nearest cent.)

4) The Fitness Center is considering including a treadmill in this year's capital budget. The cash outlay for the treadmill is $2,730.The firm's cost of capital is8.2%.After-tax cash flows, including depreciation, are as shown in the following table. Calculate the modified internal rate of return (MIRR) for the project.

End of Year	Cash Flow
1	$ 595
2	595
3	595
4	595
5	595
6	595
7	595
8	595

The PV of all cash outflows is $___ (Round to the nearest cent.)