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Please show work 8. (10 Percent) Find the NPV of a ten-year project which costs $15,000 and provides cash flows of $2,500 per year the
Please show work
8. (10 Percent) Find the NPV of a ten-year project which costs $15,000 and provides cash flows of $2,500 per year the first 5 years, and $3,000 per year the next 5 years. Assume a 11% rate of return and annual compounding? 9. (15 Percent) Assume that you have purchased a new car and after your down payment, you borrowed $10,000 from a bank to pay for the car. Also assume that you have agreed to pay off this loan by making equal monthly payments for 4 years. Given that the annual interest rate is 11%, how much will be the payment each month? How much will be the payment if you want to pay all the rest of the loan at once at the beginning of third yearStep by Step Solution
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