6 Points: 1 You are planning for your child's education, and estimate that it will cost $52,500 in eight years. If you can earn 3.84% compounded annually, how much do you need to invest today to pay for this? A $38,837 B $38,467 $35,794 D $32,194 7 Points: 1 Tom and Jerry Corp. has a project with a cost today of $875,520, a ten year life, and annual cash inflows of $182,800 each year. Assuming the company's required rate of return is 12.8 percent, calculate the net present value of this project. A $124,377 . $214,647 $683,223 D $999,897