ts out of of payments will go on forever. If the interest rate is 7% per year, what is the present value of the bequest? (Keep 2 decimal places.) ag ion Answer: 162088. on 12 ed You are 30 years old and decide to start saving for your retirement. You plan to save $4,000 at the end of the first year and then increase your savings by 3% per year until you make the very last deposit at age 65. Suppose you earn 6% per year on your retirement savings. How much will you have saved for retirement right at age 65? (Round to the nearest dollar.) out of Answer: 13 A project costs $300 million and is expected to generate cash flows of $49 million per year, starting at the end of the first year and lasting forever. What is the internal rate of return? The internal rate of return is (Round to 3 decimal places. Do not put in percentage values.) of Answer: 4