The Somerset Company is considering an investment that will…

The Somerset Company is considering an investment that will cost $105,000 and management has estimated that it will generate the following cash inflows:             Year 1  $25,000             Year 2    30,000             Year 3    42,000             Year 4    33,000 Assuming an interest rate of six percent, what is the net present value of this project? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

A student performs an experiment to determine the density of…

A student performs an experiment to determine the density of a sugar solution.  She obtains the following results:  1.39 g/mL, 1.41 g/mL, 1.40 g/mL, 1.37 g/mL.  If the actual value for the density of the sugar solution is 1.62 g/mL, which statement below best describes her results?