Lori purchased educational savings bonds to finance her son's education. she paid $4,000 for the bonds. the bonds matured at $6,000, and the son used $2,500 to pay his tuition for the first semester. the son quit school after one semester and lori used the remaining money to buy her son a car. if lori's agi is $55,000, how much interest is included in her gross income?

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: