Saved Help Save MC algo 5-2 Present Value Of Unequal Cash Flows Myca Corp. has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of 8.6 percent? Year 1 2 3 4 Cash Flow $1,540 1,880 2,150 2,160 MC algo 5-47 Calculating Annuity Interest Rates Your insurance agent is trying to sell you an annuity that costs $70,000 today. By buying this annuity, your agent promises that you will receive payments of $530 per month for 20 years. What is the rate of return expressed as an APR on this investment? An investor was afraid that he would become like King Lear in his retirement and beg hospitality from his children, so he purchased grain "tithes," or shares in farm output, for 820 pounds. The tithes paid him 79 pounds per year for 29 years. What interest rate did the he receive on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Interest rate %