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12. ABC. Ltd is considering undertaking a special project. The initial cash outlay is $75,000. The project will return $8,000 at the end of each

12. ABC. Ltd is considering undertaking a special project. The initial cash outlay is $75,000. The project will return $8,000 at the end of each year for 12 years. What is the net present value, if the discount rate is 6% compounded annually?

a. $21,000 b. $-21,000 c. $7,929 d. -$7,929

show your work plz

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