You have your choice of two investment accounts. Investment A is a 6 -year annuity that features end-of-month $2,600 payments and has an APR of 9 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an APR of 11 percent, also good for 6 years. How much money would you need to invest in B today for it to be worth as much as Investment A 6 years from now? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Mendez Company has identified an investment project with the following cash flows. a. If the discount rate is 11 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the present value at 16 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the present value at 22 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Peter Lynchpin wants to sell you an investment contract that pays equal $12,600 amounts at the end of each of the next 18 years. If you require an effective annual return of 7 percent on this investment, how much will you pay for the contract today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. An investment offers $8,900 per year for 14 years, with the first payment occurring one year from now. Assume the required return is 9 percent. a. What is the value of the investment today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What would the value be if the payments occurred for 39 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What would the value be if the payments occurred for 74 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. d. What would the value be if the payments occurred forever? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. You have arranged for a loan on your new car that will require the first payment today. The loan is for $43,500, and the monthly payments are $740. If the loan will be paid off over the next 79 months, what is the APR of the loan? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Investment X offers to pay you $6,300 per year for 9 years, whereas Investment Y offers to pay you $9,000 per year for 5 years. a. If the discount rate is 8 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. If the discount rate is 20 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Christie, Incorporated, has identified an investment project with the following cash flows. a. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4 ? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the future value at an interest rate of 11 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the future value at an interest rate of 24 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16