answer all these questions, thank you.

Q.7- Fringe benefits, such as medical coverage and group insurance, are not regarded by the Federal Board of Revenue as expenses of an entrepreneur? Explain. Q.8- a) Conoly Co. has identified an investment project with four year cash flows; Year 1) $1,200, Year 2) $730, Year 3) $963 and Year 4) $1,590. If the discount rate is 10 percent, what is the present value of these cash flows at 18%? b) An investment offers $4,300 per year for 15 years, with the first payment occurring at the end of the year from now. If the required return is 9 percent, what is the value of the investment? Q. 9- a) First National Bank charges 10.1 percent compounded monthly on its business loans. First United Bank charges 10.4 percent compounded semiannually. As a potential borrower, to which bank would you go for a new loan? b) Solve for the unknown numbers? Use formula and Apply Rule of 72? Present value Years Interest rate Future value $625 4% $1.284 810 13 4.341