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Question 11 You are considering two projects with the following cash flows: Year Project D $3,900 1 2 Project C $9,300 $7,500 $5,700 $3,900 $5,700 3 $7,500 4 $9,300 Which one of the following statements is true concerning these two projects given a positive discount rate? Both projects are regular annuities. Both projects have the same value at time zero. Project D has a higher present value than Project C. Project C has both a higher present value and a higher future value than Project D. Question 9 On your thirteenth birthday, you received $850 which you invested at 7.8 percent interest, compounded annually. Your investment is now worth $2,433. How old are you today? O Age 27 Age 14 Age 18 O Age 31