#4 and an explanation would be awesome

buie deposits were e, how much has accumulated in Colleen's a $79,231.88. b. $84,989.09. c. $98,656.75. d. $101,378.92. 3. Alberto saved enough account generatis ved enough ap money from working at the casino to place $125,500 in an investmen generating 9.25% compounded monthly. He wants to collect a monthly income of $1,350, at beginning of each month, for as long as the money lasts. Approximately, how many months will Alberto have this income coming to him? the beginning of each month, for a. 139. b. 145. c. 152. d. 162 Liam bought a piece of equipment for $10,000. He paid $3,000 for upgrades during year 1 and the equipment generates $2,000 in cash flow for year 1. In year 2 the equipment generated $3,000 and in year 3 it generated $4,000, but Liam sells it for $6,000 and pays a $500 commission. What is his IRR? a. 3.4%. b. 3.9% c. 4.4%. d. 4.9% Multiple-Choice Problems 297