Hodgkiss enterprises has gathered projected cash flows for two projects. year project i project j 0 –$ 264,000 –$ 264,000 1 113,600 93,400 2 105,800 100,400 3 89,800 102,400 4 78,800 109,400 at what interest rate would the company be indifferent between the two projects? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?