1. Angelina Jolie set up a Energy Poverty fund that helps developing countries get access to clean energy. There is $4 million in the fund, of which each year a fixed amount is paid in perpetuity. If the fund earns a 5% interest rate p.a. compounded yearly, how much is available to withdraw each year for clean energy projects?

   		$200,000.00
   		$240,000.00
   		$800,000.00
   		$16,666.67

2. A car dealer offers to sell you a car for $3,000 down and $4,000 at the end of each of the next two years. What is the effective price of the car assuming that you can invest your money at a 5% p.a. interest rate? What is the effective price of the car assuming that you can invest your money at a 5% p.a. interest rate?

   		$10,333.57
   		$10,437.64
   		$9,748.65
   		$9,940.61

3. What is the source of value for a firm?

   		Equity
   		Investments
   		Cash Flows
   		Revenue

Thanks