5. Assume that the total cost of a college education will be $290,000 when your...
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5. Assume that the total cost of a college education will be $290,000 when your child enters college in 18 years. You currently have $55,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's education? Do not round intermediate calculations and round your final answer to 2 decimal places. 6. Call-a-way Inc. has identified a project with the following cash flows: Cash Flow 950 1,040 1,130 1,075 Year 2 4 discount rate is 10 percent, what is the present value of these cash flows? What is the preset If the value at 18%? What is the present value at 24%? Do not round intermediate calculations and round your final answer to 2 decimal places. 7. Dudley Corp. have identified a project with the following cash flows: Cash Flow 940 1,090 1,340 1,405 Year
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