A) You are thinking of purchasing a successful online tutoring company. You estimate that you will earn a cash flow of $669 per month after expenses and, after some research, you think you may be able to sell the company for $87,446 in 5 years. Based on the risk of this investment, you require a return of 8.87%. What is the most you should be willing to pay for the company today?

B) You would like to have $27,530 in 14 years.. If the rate is 7.82%, how much do you have to invest each year?