A. An asset is projected to generate annual cash flows of $8,000 for the first 15 years starting one year from today followed by a final cash flow of $9,000 in the 16th year. If the discount rate is 11%, how much is this asset worth today? Round to the nearest cent.

B. Starting at the end of this year, you plan to make annual deposits of $6,000 for the next 8 years followed by a final deposit of $7,000 in year 9. The deposits earn interest of 4.9%. What will the account balance be by the end of 10 years? Round to the nearest cent.

C. An asset is projected to generate 12 annual cash flows of $4,000 starting 6 years from today. If the discount rate is 6%, how much is this asset worth today? Round to the nearest cent.