Question: Please answer both questjons if you can, WILL UPVOTE 100% Question 28 4 pts You want to buy a new house. You can afford to
Question 28 4 pts You want to buy a new house. You can afford to pay $16,000 per year for 30 years with the first payment being due at the end of year 1. If the interest rate on your loan is 3.1%, what price of home can you buy today? (Enter your dollar answer as a number rounded to 2 decimal places. For example: $100.25 would be entered as 100.25 Question 29 4 pts What is the NPV of a project with an initial cost of $127,000 and has the following cash inflows: End of Year 1 $59,000 End of Year 2 $64,000 End of Year 3 $76,000 The cost of capital is 9%
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