Consider the following project balances for a typical investment project with the service life of four years:

n An($) Project Balance 9$)

0 -1000 -1000

1 ( ) -1300

2 ( ) -600

3 2160 1500

4 ( ) 4650

(a) Determine the interest rate used in computing the project balances.

(b) Construct the original cash flows of the project.

(c) Would this project be acceptable at a MARR of 12%, compounded annually? Give reason(s)