Please look at the question and solution below. I have the answer

Please look at the question and solution below. I have the answer but need to know how they did the mathematical step to obtain the solution. I have tried it several ways and it is still wrong. Can you please show me how they are obtaining the solution?,,Suppose a company uses trade credit with the terms of 2/10, net 50. If the company pays,their account on the 50th day, the effective borrowing cost of skipping the discount on,day 10 is closest to:,A. 14.9%.,B. 15.0%.,C. 20.2%.,,Answer is: C ,Cost = (1 + 0.02/0.98) 365/40 – 1 = 20:24%

You have $3,000 that you can invest today. Three investments are

You have $3,000 that you can invest today. Three investments are available that each earn a different interest rate for different investment periods. What is the future value of the lump sum of each? ,,1. The investment earns 6% per year, compounded semiannually, for 1 year.,,2. The investment earns 8% per year, compounded quarterly, for 2 years.,,3. The investment earns 10% per year, compounded annually, for 3 years.,,PLEASE SHOW YOUR WORK and post your solutions.

Grim Enterprises is considering a new product line that requires

Grim Enterprises is considering a new product line that requires a new machine. It will cost $24,000,000. It will be fully depreciated to a zero book value on a straight line basis over 3 years. The project will generate $75,000,000 in sales each year for 3 years. Operating costs are 81% of sales per year for 3 years. Grim will have $800,000 annually in interest expense as part of the financing. The tax rate is 40%. Grim estimates the unlevered cost of capital as 14%. Note: Costs do not include depreciation or interest expense. ,a. Find the base-case net present value (NPV). ,b. Suppose the project will be financed with $10,000,000 in bonds. The bonds have a 3-year life, a coupon rate of 8% and a yield of 8%. The remaining funds will come from retained earnings. Find the adjusted present value (APV). ,