36. Setesh of Kanaan's new pyramid project has expected cash inflows, starting with year 1, of $2,000, $4,000, $4,800 and finally in year four, $8,300. The profitability index is 1.53 and the discount rate is 11.4 percent. What is the initial cost of the project?

35. What is the net present value of a project that has an initial cost of $68,000 and produces cash inflows of $20,000 a year for 10 years if the discount rate is 14.6 percent?