The owners of the Nona Brick Oven are considering an investment in a conveyor oven costing $12,450. The oven is expected to last for 15 years and would need an upgrade costing $4,500 in year 8. The owners assumed that items baked in the oven would add $500 per month in additional net cash flows. Calculate the net present value of the investment. Using a target rate of return of 10%. Multiple Choice $32,437.77 $18,472.05 $32,050.03 $13,460.35 Dan Schmidt plans to invest in a rental property worth $240,000. He plans to hold the property for 4 years and expects to sell it for $280,000 at the end of the fourth year. He estimates that the average monthly net income from renting the property will be $3,250. His target return is 9%. Calculate the net present value of the investment Multiple Choice O $87,192.00 $86,212.50 0 $(108,419.95) $(109,399.46) Dayana and Juan Olivares are considering an investment in an office building. The current price is $1,200,000. They plan to relocate their business to the property and to rent out the remaining space. They estimate that monthly rent from the tenants would be $10,500. They plan to hold the property for 5 years and expect to sell it for $1,325,000 at the end of the fifth year. The target return is 8%. Calculate the net present value of the investment Multiple Choice O O $210.649.68 0 $207,197.39 0 $133,169.23 0 $133,512.33