Provide the formulas for the following:
1. CFA will be $69,000 in year 4. CFA will be $96,000 in year 5. Interest rate is 10%. What is the total present value?
2. There is an initial investment of $68,000. CFA will be $42,000 in year 2. CFA will be $33,000 in year 3. Interest rate = 8%. What is the net present value?
3. There is an initial investment of $68,000. CFA will be $42,000 in year 2. CFA will be $33,000 in year 3. Interest rate = 8%. What is the profitability index?
4. There is an initial investment of $68,000. CFA will be $42,000 in year 2. CFA will be $33,000 in year 3. Interest rate = 8%. What is the payback period?