Please answer the second question only . Thanks

A company is evaluating a project where an investor has committed to 10 year contract paying $2 million a year, which starts paying a year from now. The CFs will grow at 4% a year. At the end of the project, the investor will receive a lump sum payment of 10 million .The required rate is 14%. What is the PV of the project? Solution 0 1 2 3 4 5 6 N PV pmt FV You want to buy a house and you will put 20% of the total amount as down payment. If the house you want to buy is $525,000 and you can take out a loan at 3.5% per year, how much will your loan bill be each month if you take out a 30-year mortgage loan from your local? (solve it as annuity due). Solution House price PV FV 1/Y PMT