Consider the following two machines a company can purchase. The following table provides the costs of the machines and the annual cash flows obtained from the machines over their lifetimes. The discount rate is 4%. What is the net present value for each machine? Machine A= Machine B= Click "Verify" to proceed to the next part of the question. This question has 3 parts (1.e. you will need to click "verify: 3 times) Growth Enterprises believes its latest project, which will cost $150,000 to install, will generate a perpetual growing stream of cash flows. The cash flow at the end of the first year will be $7,500, and cash flows in future years are expected to grow indefinitely at an annual rate of 1% If the discount rate for the project is 13%, what is the project NPV? NPV= (please round your final result to 2 decimals if necessary) What is the internal rate of return (IRR) for the project? IRR = 0 (Note: the above answer is in terms of percentage. Please round your final result to 2 decimals if necessary). Because of its age, your car costs $6,500 annually in maintenance expense. You could replace it with a newer vehicle costing $9,900 that would be expected to have a life of 8 years. If your opportunity cost of capital is 15%, by how much must maintenance expense decrease on the new vehicle to justify its purchase? (please round your final result to 2 decimals, but keep as many decimals as possible during calculation)