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A firm has an opportunity to invest $105,000 today that will yield $120,750 in one year. If interest rates are 7%, what is the net

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A firm has an opportunity to invest $105,000 today that will yield $120,750 in one year. If interest rates are 7%, what is the net present value (NPV) of this investment? A. $8,636 B. $7,850 C. $15,750 D. $12,561 You are saving money to buy a car. If you save $290 per month starting one month from now at an interest rate of 6%, how much will you be able to spend on the car after saving for 4 years? A. $15,688 B. $21,964 C. $9,413 D. $18,826

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