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Turner Video will invest $80,500 in a project. The firm's cost of capital is 12 percent. The investment will provide the following inflows. Use Appendix

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Turner Video will invest $80,500 in a project. The firm's cost of capital is 12 percent. The investment will provide the following inflows. Use Appendix A for an approximate answer but calculate your final answer using the formula and financlal calculator methods. The internal rate of return is 15 percent. a. If the reinvestment assumption of the net present value method is used, what will be the total value of the inflows after five years? (Assume the inflows come at the end of each year.) (Do not round intermediate calculations and round your answer to 2 decimal places.) b. If the reinvestment assumption of the intemal rate of return method is used, what will be the total value of the inflows after five years? (Use the given internal rate of return. Do not round intermediate calculations and round your answer to 2 decimal places.)

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