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A project that costs $4,750 to install will provide annual cash flows of $1,600 for each of the next 6 years. a. What is NPV

A project that costs $4,750 to install will provide annual cash flows of $1,600 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 ?

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 ?%

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