Jane has $240,000 to invest and is considering the following two investment opportunities. Investment A requires an initial investment of $240,000 and promises to return $57,040 every year for 5 years. Investment B requires an initial investment of $216,000 and is expected to return $51,200 every year for 5years. If Jane’s MARR is 5% per year compounded annually, which investment should she choose, if any?

Buildings that are constructed to be environmentally responsible are referredto as “green buildings.” They cut down on energy consumption, increase water efficiency, improve indoor air quality, and use recycled materials in their construction. According to recent studies, money spent on a green building will pay for itself 10 times over the 50-year life of the building. Assuming end-of-year annual savings of P/5, where P is the investment cost of the building, draw a cash flow diagram for this situation.

True Car of Columbia, SC advertised a Ford EcoSport (2019) at $23,178. The EcoSport is a sporty smaller SUV that is perfect for the recent college graduate/young professional. Given that the repayment period is 5 years and the interest on the loan is 3.99%, what are the likely monthly car payments on this loan?

what is the answer in 2 decimal places