Question $8$:

What is the present value of $$48,000$ first receivable in $3$ years time and thereafter each year, for a total of $7$ years $($to the nearest $$100)?$

The cost of capital is $10\%.$

$$193,100$

$$175,600$

$$157,100$

$$211,600$

Question $9$:

A machine will cost $$80,000-$ It has an expected life of $4$ years with an anticipated scrap value of $$10,000.$

Expected net operating cash inflows of each year are as follows:

$1-20,000$

$2-30,000$

$3-40,000$

$4-10,000$

The cost of capital is $10\%.$

Required:

NPV

IRR