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  3. #21) troy will receive $7,500 at the end of year 3

#21) Troy will receive $7,500 at the end of year 3. At the end of...

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Finance

#21) Troy will receive $7,500 at the end of year 3. At the end of the following two years, he will receive $9,000 and $12,500, respectively. What is the future value of these cash flows at the end of year 5 if the interest rate is 8 percent? $33,445

$35,622

$30,968

$35,255

$28,738

#39) Cast Out Co. invested $37,900 in a project. At the end of three years, the company sold the project for $62,500. What annual rate of return did the firm earn on this project?

16.91%

18.14%

17.47%

18.67%

19.20%

#38) You are considering a job that offers a starting bonus of $2,500, paid immediately, and an annual salary of $44,000, $47,000, and $50,000 for the next 3 years, respectively. The annual salary is paid at the end of each year. What is this offer worth today at a discount rate of 5.6 percent?

$139,283.56

$158,283.49

$128,773.82

$154,383.50

$142,983.33

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