The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $ 400 comma 000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 Year 2 Year 3 Year 4 $ 151 comma 596 $ 151 comma 596 $ 151 comma 596 $ 151 comma 596 The appropriate discount rate for this project is 18%. The internal rate of return (IRR) for this project is closest to:

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?