Morrisey Company has two investment opportunities. Both investments cost $6,200 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below: Investment I Investment II Period 1 $ 1,600 $ 1,600 Period 2 1,600 2,720 Period 3 2,600 3,840 Period 4 4,960 2,600 Total $ 10,760 $ 10,760 What is the net present value of Investment II assuming an 8% minimum rate of return

Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?