Old MathJax webview

Put your answers in bold please, and thanks in advance. 13

12

just post 13 and leave 12

A 20-year annuity of forty $6,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. a. If the discount rate is 7 percent compounded monthly, what is the value of this annuity 4 years from now? Value at Year 7 b. What is the current value of the annuity? Value today Bruin, Incorporated, has identified the following two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) Cash Flow (B) -$ 36,900 -$ 36,900 19,260 6,760 14,760 13,260 12,260 19,760 9,260 23,760 a. What is the IRR for Project A? IRR