Instructions: Answer ALL questions. Please show all steps. Q11: A project will produce cash inflows of $3,200 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent? Q12: It will cost $6,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three years, the cart is expected to be worthless as the expected life of the refrigeration unit is only three years. What is the payback period? Q13. In ten years you are planning to retire and buy a house. The house you are looking at currently costs $1,000,000 and is expected to increase in value each year at a rate of 5%. What will be the price of the house ten years later