If the cash flows for Project Green Energy are C0 = -1500; C1 = +250; C2 = +480; C3 = +480, and C4 = + 500, calculate the IRR for the project (round to the nearest percentage point).

Wind System Company is considering investing in a new project. The project will require an initial investment of 3,000,000 and will generate 400,000 (after-tax) cash flows forever. Calculate the NPV for the project if the cost of capital is 10 percent.

Pauline Romer has taken a $100000 mortgage loan on her house at an interest rate of 3 percent per year. If the mortgage calls for 20 equal annual payments, what is the amount of each payment?