Question: QUESTION 19 Capstone Crowns is considering a project that will produce cash inflows of $11,000 in year one, $24,000 in year two, and $36,000 in
QUESTION 19 Capstone Crowns is considering a project that will produce cash inflows of $11,000 in year one, $24,000 in year two, and $36,000 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 14 percent? (enter your answer as a number with two decimals i.e. 41.25) QUESTION 20 John has $2,500 invested in a bank that pays 4.25% annually. How long will (in years) it take for his funds to double? Use the rule of 72. (enter your answer as a number with two decimals i.e. 41.25) QUESTION 21 Master Card must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 7.00%, with interest paid monthly, what is the card's effective annual rate (EAR)? (enter your answer as a percentage with two decimal points i.e. 15.33 -don't include the % symbol) QUESTION 22 What's the present value of a perpetuity that pays $1,000 per year, beginning one year from now, if the appropriate interest rate is 3.50%? (enter your answer as a number with two decimals i.e. 41.25)
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