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Question 9 1 pts An ordinary annuity pays $56,000 per year for 29 years. If the first payment is not received until 27 years from

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Question 9 1 pts An ordinary annuity pays $56,000 per year for 29 years. If the first payment is not received until 27 years from today, what is the present value of the annuity? Assume a discount rate of 10%. Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46. Question 10 1 pts What is the net present value of a project with an initial cost of $400,000 and cash inflows of $97,000 at the end of each of the next 8 years. Assume a cost of capital of 6%. Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46

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