1) What is the cash payback period on the Portugal (rounded to two decimal places)?

2) What is the NPV of the Costa Rica? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

3) You recently received a birthday gift of $500 and you decide to save it for later use. If you deposit it into an investment account that pays 6 percent interest, how much will be in the account in 3 years? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

4) You have recently opened a retirement account and decided to deposit $3,000 a year in the account. If you want to retire in 45 years and the account earns 8 percent interest, how much will you have in your account when you retire? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

1. The Global-Comm Corporation is considering two different capital investment projects and the company's management put together the following cash flow estimates: The Portugal The Costa Rica Purchase cost 17,000 10,000 Estimated net cash inflows Year 1 12,000 8,000 Year 2 6,000 4,000 Year 3 4,000 2,000