You were offered a $900,000 mortgage at a rate of 4.75%. The mortgage calls for equal monthly payments based on a 20-year amortization period. If using the annuity present value formula to find your monthly payment amount, what discount rate should be used in the formula? A 8-year project is expected to generate $1,300,000 of cash inflow at the end of each year of the project. A $7,000,000 cash outflow would be required at the start of the project. If the company requires a 9% return on investment, what is the project's net present value