1. Project K costs $51,275, its expected net cash inflows are $13,000 per year for 7 years, and it WACC is 11% What is the project's NPV?
a) 9,983.55
b) 657.90
c) 31,997.75
d) 77,941.95
2. Suppose you invest $2500 each year in a savings account that earns 11.5% per year. How much will be in the account in 7 years?
A. 11,592.59
B. 5,356. 29
C. 1,166.85
D. 24,837. 30
E. None of these