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What would be janet monthly payment

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Question 1) If Janet borrowed $8,100 over five years at 0.14 compounded monthly, what would be Janet's monthly payment? Please round to two decimal places.

Question 2) Robert's Bakery bought new machines for $5,000,000 . This is expected to result in additional cash flows of $1,225,000 over the next 7 years. What is the payback period for this project? The acceptance period is five years.

Question 3) Your new project has the following cash flows:

0                 1                2                3

($500)    $160.00      $200        $290.00

What is the project's NPV if the interest rate is $6%?

Reference no: EM132581493

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