Complete the following problems in the "Problems" section of the Wisner text at the end of Chapter 3 including question three, four, and five. Make sure to show the formula and the calculations for each question and post in the dropbox. Your responses will be graded for accuracy.

UsethefollowinginformationforProblems1,2,and3.

ThemanagementatLukeProductsInc.islookingatthefinancialsforaninnovativenewdiaper-changingstation.Theexpectedlifecyclefortheproductisfouryears.Theinitialprojectedproductdesigncostsare$500,000.Managementtypicallyusesadiscountrateof10%forallnewproductfinancials.