7. What is the net profit for a project with $ 20,000 of disbursement expecting to produce income of $ 6000 in the first three years and $ 3000 in the following two years for a total of 5 years, at 7% interest? 8. A construction project has the following data: initial disbursement $ 400,000. The required rate of return is 6% per year. Calculate the present value of the following quantities. Net income in the a.1 Year $ 86,890 b. 2 years $ 106, 474 c. 3 years $ 91, 612 d. 4. years $ 84, 801