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Problem Sheet C. Questions 8, 9, 10. On worksheet C is a set of cash flows for Years 1 through 12. There is no initial

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Problem Sheet C. Questions 8, 9, 10. On worksheet C is a set of cash flows for Years 1 through 12. There is no initial investment as your distant wealthy Aunt signed her business over to you when she retired. She gave you these amounts as what she expects the business to pay over the next 12 years. Unfortunately for two of these years, you must put some money into the business (the negative S0 amounts). But overall, you are happy that you expect to make money. You would rather have a set of equal payments at the end of these 12 years. And, your Friendly Neighborhood Bank is willing to provide this to you, based on the expected earnings from the business over these next 12 years. Your APR (Annual Percent Rate is 5.5%. Type the APR into the maroon cell at the top of the table. To compute the equal payments, you must first convert these uneven payments to their Net Present Value. 8) The Net Present Value (expressed as a positive number) ofthese uneven payments is 9) Incase you made an error in Question 8, I DO NOT WANT YOU TO USE YOUR RESULT FROM QUESTION 8. INSTEAD, use the following Net Present Value Center it into the green cell) for the next computation Your starting Net Present Value is $15,000 Type this value in the green cell and use it to answer this and the next question. 9) The equal annual payments (expressed as a positive number of this net present value is

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