I need the simplest way to answer these question. The teacher gave us the answers but it means nothing if I don't know how to get there!

9.1- Wandering RV is evaluating a capital budgeting project that is expected to generate $36,950 per year during its six-year life. If its required rate of return is 10 percent, what is the value of the project to Wandering RV?

9.3- Conventional Corporation is evaluating a capital budgeting project that will generate $600,000 per year for the next 10 years. The project costs $3,6 million, and Conventional's required rate of return is 11 percent. Should the project be purchased?

9.5- What is the internal rate of return (IRR) of a project that costs $20,070 if it is expected to generate $8,500 per year for three years?

9.7- Piping Hot Food Service (PHFS) is evaluating a capital budgeting project that costs $75,000. The project is expected to generate after-tax cash flows equal to $26,000 per year for four years. PHFS's required rate of return is 14 percent. Compute the project's (a) net present value (NPV) and (b) internal rate of return (IRR). (c) Should the projected be purchased

9.9- Construct an NPV profile for a capital budgeting project that costs $64,000 and is expected to generate $18,200 per year for five years. Using the NPV profile, determine the project's internal rate of return (IRR) and its net present value (NPV) at required rates of return equal to 10 percent, 13 percent, and 15 percent.

9.11- What is the internal rate of return (IRR) for a project that costs $5,500 and is expected to generate $1,800 per year for the next four years? If the firms required rate of return is 8 percent, what is the project's modified internal rate of return (MIRR)? Should the firm purchase the project?

9.13- Compute the traditional payback period (PB) and the discounted payback period (DPB) for a project that costs $27,000 if its expected to generate $75,000 per year for 5 years. The firm's required rate of return is 11 percent. Should the project be purchased?

9.15- Komfy Kraz is evaluating a project that costs $365,000 and is expected to generate $260,000 and $175,000, respectively, during the next two years. If Komfy's required rate of return is 13 percent, what is the project's (a) net present value, (b) internal rate of return (IRR), and (c) modified internal rate of return (MIRR).

9.17- Compute the (a) net present value, (b) internal rate of return (IRR), (c) modified internal rate of return (MIRR), and (d) discounted payback period (DPB) fro each of the following projects. The firm's required rate of return is 13 percent.

Year Project AB Project LM Project UV

0 $(90,000 $(100,000) $(96,500)

1 39,000 0 (55,000)

2 39,000 0 100,000

3 39,000 147,500 100,000

9.19- Following is information about to independent projects that a company is evaluating:

Capital Budgeting Technique Project X Project Y

Net present value $5,009 $4,950

Internal rate of return 15.5% 17.0%

Discounted payback period 5.1 years 4.6 years

1. What project(s) should be chosen? Explain why, (b) What can be concluded about the company's required rate of return, r?