You are considering investing in a "green energy" project that will have the following annual cash flows:

CF1 = $37,000

CF2 = $42,000

CF3 = $48,000

CF4 = $135,000

Based on the project's risk, your required rate of return is 16%. What is the most you would be willing to invest in the project?

Group of answer choices

$150,000

$84,592.55

$132,498.59

$168,420.26

Question 13

Robert turned 23 today and wants to retire at age 55. He believes that he can comfortably invest $350 per month into his retirement account, which he expects to earn an average of 11%. During retirement, his investments will be more conservative, and he predicts that his investments will earn an 8% return. If he expects to live until age 80, how much can he withdraw each month during retirement?

Group of answer choices

$21,844.87

$9,502.98

$8,000

$5,388.35

Question 14

Juan is buying a house for $250,000 and paying 20% down. He has been approved for a loan with an interest rate of 3.95% and a term of 30 years. What is his monthly payment?

Group of answer choices

$1,162.12

$949.07

$684.92

$1,858.22