1.You plan on retiring in 20 years. You currently have $275,000 and think you will need $1,000,000 to retire. Assuming you dont deposit any additional money into the account, what annual return will you need to earn to meet this goal?

2. You take out a 4 year car loan for $18,000. The loan has a 4% annual interest rate. The payments are made monthly. What are the monthly payments? Show your work

9. 11. (TCO F) Company A has the opportunity to do any, none, or all of the projects for which the net cash flows per year are shown below. The projects are not mutually exclusive. The company has a cost of capital of 15%. Which should the company do and why? You must use at least two capital budgeting methods. Show your work. Explain your answer thoroughly.

	A	B	C
0	-300	-100	-300
1	100	-100	100
2	100	100	100
3	100	100	100
4	100	100	100
5	100	100	100
6	100	100	-100
7	-300	-200	0