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28. What is the net present value of the following project cash flows at a discount rate of 7 percent? At 20 percent? Year S

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28. What is the net present value of the following project cash flows at a discount rate of 7 percent? At 20 percent? Year S Cash Flow 0 -$17,000 1 $4,500 2. $8,700 $11,900 a. $ 4,518.47 - $ 321.76 b. $ 4,518.47 $ 628.30 c. $ 4,518.47 - $525.13 d. $ 4,722.09 S 504.21 e. $ 4,722.09 - $ 418.05 10

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