CRA Company is considering three investment opportunities with cash flows as described below: Project C: Cash investment now $ 16,000 Annual Cash inflow for 5 years $ 10,000 Cash outflow at the end of 3 years..$ 3,000

Additional cash inflow at the end of 5 years.. $12,000

Project R: Cash investment now. $ 7,000

Cash inflow at the end of 2 years. $ 18,000 Cash inflow at the end of 7 years. $ 40,000

Project A: Cash investment now.. $ 21,000 Annual cash outflow for 4 years $ 5,000 Cash inflow at the end of 4 years. $ 33,000 Required: Compute the net present value of each project assuming CRA Company uses an 8% discount rate.

Please show how you got the answers.