1) Smooth Shaved Ice Co, has identified an investment project with the following cash flows: What is the present value of these cash flows (in total) if the discount rate is 6 percent? 2) Investment X offers to pay you $4,000 per year for 10 years, whereas Investment Y offers to pay you $8,000 per year for 4 years. What is the present value of each investment if the discount rate is 5 percent? 3) Betty Bucks has identified an investment project with the following cash flows: What is the future value of these cash flows (in total) if the interest rate is 6 percent? 4) An investment offers $12,000 per year for 25 years. If the required return is 8 percent, what is the value of the investment