You are offered an investment that pays $400 in one year, $500 at the end of the second year, and $200 at the end of the third year. You can earn 11% on very similar investments. What is the most you should pay for this one? [Round-off to an integer. Only the answer will be graded.] You think you will be able to deposit $4,000 at the end of each of next two years in a bank account paying 8% interest. You currently have $6,000 in the account. How much will you have in 3 years? Consider the following information for the percentage of sales approach: Sales - $3M, NI - $0.4M, Retention ratio - 0.75 Total Asset - $4M Current Liability $0.2M Long-term debt - $1M Equity - $2.8M If sales increase by 30% (and NI, assets, and CL increase at the same rate), calculate the external financing needed.