1. What is the Net Present Value (NPV) for the cash flows provided in the table below? Note: The negative cash flow for year 0 is the initial investment for the project. The required rate of return is 10% and the internal rate of return is 8.80%.

Year Cash Flow

0 -$87,000

1 $40,000

2 $42,000

3 $19,000

2. Calculate the profitability index for the cash flows provided in the table below. Note: The negative cash flow for year 0 is the initial investment for the project. Assume a required rate of return of 9.00%.

Year Cash Flow

0 -$90,000

1 $32,000

2 $32,000

3 $32,000

(please show me how to use the financial calculator to answer those questions)