Find the interest paid on loan

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Reference no: EM131916856

1. Find the interest paid on a loan of $ 7216 at 13% annual simple interest for 1.7 years.

2. The revenues for a project are 1.2 millions at the end of the first year and 2.6 millions at the end of the second year. If the investor is evaluating this project assuming a yield of 10% per year. How much is the present value (investment) of this project.

3. What is the NPV of a project that requires an initial investment of $7,000 and then has cash inflows of $1,500 every other year for 10 years? The discount rate is 5% APR compounded daily.

Reference no: EM131916856

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