A

B

Growth Enterprises believes its latest project, which will cost $100,000 to install, will generate a perpetual growing stream of cash flows. The cash flow at the end of the first year will be $3,500, and cash flows in future years are expected to grow indefinitely at an annual rate of 1%. If the discount rate for the project is 15%, what is the project NPV? NPV Number (please round your final result to 2 decimals if necessary) What is the internal rate of return (IRR) for the project? IRR- | Number (Note: the above answer is in terms of percentage. Please round your final result to 2 decimals if necessary) Because of its age, your car costs $7,500 annually in maintenance expense. You could replace it with a newer vehicle costing $7,900 that would be expected to have a life of 5 years. If your opportunity cost of capital is 10%, by how much must maintenance expense decrease on the new vehicle to justify its purchase? s Number (please round your final result to 2 decimals, but keep as many decimals as possible during calculation)