Suppose that you invest $170 per month (before taxes) for 25 years (300 payments) and the annual interest rate (APR) is 7%, compounded monthly. If your income tax bracket is 32%, what lump sum, after-tax distribution can be taken at the end of 25 years? $ can be taken at the end of 25 years after-tax distribution. (Round to the nearest dollar.) Nowadays it is very important to reduce one's carbon "footprint" (how much carbon we produce in our daily lifestyles). Minimizing the use of fossil fuels and instead resorting to renewable sources of energy (e.g., solar energy) are vital to a "sustainable" lifestyle and a lower carbon footprint. Let's consider solar panels that prewarm the water fed to a conventional home water heater. The solar panels have an installed cost of $3,215, and they reduce the homeowner's energy bill by $31 per month. The residual value of the solar panels is negligible at the end of their 11-year life. What is the annual effective IRR of this investment? The annual effective IRR of this investment is %. (Round to two decimal places.) The price to earnings (P/E) ratio is an after-tax metric reflecting growth potential of the common stock of a corporation. P is the selling price (per share) of the common stock, and E is the after-tax earnings per year of a share of stock. A high P/E ratio, for example, indicates that a firm is in a high-growth industry (such as biotechnology) and that annual earnings are not as important to investors as the growth rate of the price of common stock. Because a corporation can be assumed to have an indefinitely long life, the P/E ratio can be likened to the (P/A, 1%, N) factor when N approaches infinity. For a certain transportation company, the P/E ratio is 8. What is the implied IRR for this relatively stable company? The implied IRR is % (Round to two decimal places.)