1) A company is considering an investment project with the following cash flows: Year 0 = -$160,000 (initial costs); Year 1= $50,000; Year 2 =$85,000; and Year 3 = $65,000; The company has a 9.8% cost of capital, calculate the NPV for the project ______

a) $5,144.2

b) $5,683.5

c) $6,482.5

d) $6,856.3

2) Based on the information from Question 1, calculate the IRR for the project ___

a) 8.25%

b) 9.34%

c) 11.54%

d) 10.14%

3) What is the future value of $100 invested at 10%, compounded semi-annually for 25 years? ______

a) $1,000

b) $1,100

c) $1,147

d) $1,157