A project that costs $3,500 to install will provide annual cash flows of $850 for each of the next 7 years.

a.	Calculate the NPV if the opportunity cost of capital is 12%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

NPV

$

b.	Is this project worth pursuing?
	multiple choice Yes No

c.	What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

IRR

%