a) Your company has the opportunity to enter a business that will generate cash-flows of 12,000 per year, starting next year, and during 10 years. Calculate the future value of the immediate annuity under yearly profitability of 5%.

b) Your company has the opportunity to enter a business that will generate cash-flows of 12,000 per year, starting next year, and during 10 years. Calculate how much your company should invest today in order to obtain a yearly profitability of 5%.

c) Your company has the opportunity to enter a business that will generate cash-flows of 12,000 per year, starting in 5 years, and during 10 years. Calculate the future value of such delayed annuity under yearly profitability of 5%.. (Same as the previous exercise, but it will start generating cash-flows in 5 years instead of next year) Please show the workout and all the steps you follow to reach the final results.

d) Your company has the opportunity to enter a business that will generate cash-flows of 12,000 per year, starting in 5 years, and during 10 years. Calculate how much your company should invest today in order to obtain a profitability of 5%.

Please show the workout and all the steps you follow to reach the final results