5). A company has an opportunity to invest in a project which will earn $11002 in the year1, $10476 in the year 2 and $18846 in year 3. If their investor's required return is 9.06%, what is the most the company should pay for the project? (In other words, how much is the project worth today?)

6). An investment will pay $21427 in 16 years. If the interest rate is 11.49%, how much is it worth today? (Round to 2 decimal places.)