1. You are scheduled to receive a $500 cash flow at the end of year 2, a $400 cash flow at the end of year 4, and pay a $300 payment at the end of year 6. If the interest rates are 10 percent per year, what is the combined future value of these cash flows at the end of year 8? Timeline required. 2. You wish to buy a $50,000 car. The dealer offers you a 5-year loan to be paid back semi-annually with a total of 10 payments. The interest rate quoted by the dealer is 6 percent per year (i.e., APR = 6%). How much are the semi- annual payments? How much total interest ($) would you pay over the 5-year period if you financed the car through the dealer? Timeline required. 3. A company is considering two mutually exclusive expansion plans. Plan A requires a $40 million initial outlay on a large-scale integrated plant that would provide expected cash inflows of $12.8 million per year for 5 years. Plan B requires a $12 million initial outlay to build a somewhat less efficient, more labor-intensive plant with expected cash inflows of $4.8 million per year for 5 years. The firm's WACC is 10%. a. Calculate each project's NPV and IRR. b. Which project would you recommend? Why