Annual cash inflows that will arlse from two competing investment projects are given below: The discount rate is 8%, Click here to view Exhibit 128-1 and Exhibil128-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Answer is complete but not entirely correct. Fraser Company will need a new warehouse in eight years. The warehouse will cost $490,000 to build. Click here to view Exhibit 128-1 and Exhibit-128-2, to determine the appropriate discount factor(s) using tables: Required: Required: What lump-sum amount should the company invest now to have the $490,000 avallable at the end of the elght-year period? Assume that the company can invest money at: (Round your final answer to the neorest whole dollor amount.) In eight years, when he is discharged from the Air Force. Steve wants to buy a $16.000 power boat. Click here to view Exhibit 128-1 and Exhibilt 128-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount must Steve invest now to have the $16,000 at the end of eight years if he can invest money at: (Round your Whaired: final answer to the nearest whole doller amount.) Frewat Value of 51(1+i)21