A project that costs $3,900 to install will provide annual cash flows of $1,250 for each of the next 6 years.

a. What is NPV if the discount rate is 13%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

b. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

A project that costs $3,900 to install will provide annual cash flows of $1,250 for each of the next 6 years. a. What is NPV if the discount rate is 13%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ 1,096.94 b. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Discount rate 23.07 %