You are planning to invest in a project that is expected to pay $12,000 next year, $20,000 the following year, and then $30,000 each year thereafter. The required rate of return for projects of this risk level is 5%. If the project requires an investment today of $250,000, then what is the project's net present value?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account