Question: Tully is buying a project that will return $120,000/year for the first 5-years, and $130,000/year for the next 5-years. She invests only if she can

Tully is buying a project that will return $120,000/year for the first 5-years, and $130,000/year for the next 5-years. She invests only if she can earn at least 15% annualized return on any project. What is the maximum price she should pay to own this project?

Judy made a fixed deposit of $120,000. The bank credits he account with interest every month at an annualized rate of 9.00%. She will neither deposit nor withdraw any funds from this account for the next 4 years. What will be the value of her deposit at maturity?

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