For a potential project, you have estimated an initial investment of $400,000, with new cash inflows of $110,000/year for 5 years. What is the NPV if the desired rate of return is 15%?

For a potential project, you have estimated an initial investment of $1,350,000, with new cash inflows of $250,000 in the first 2 years, then $275,000 for the next 2 years, then $750,000 for year 5. What is the NPV if the desired rate of return is 11%?