Davis Chili Company is considering an investment of $16,000, which produces the following inflows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. Determine the net present value of the project based on a zero percent discount rate. b. Determine the net present value of the project based on a 11 percent discount rate. (Do not round intermediate calculations and round your answer to 2 decimal places.) c. Determine the net present value of the project based on a 18 percent discount rate. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.) Appendix B Present value of $1,PVIFPV=FV[(1+i)n1] Appendix B (concluded) Present value of $1 Davis Chili Company is considering an investment of $16,000, which produces the following inflows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. Determine the net present value of the project based on a zero percent discount rate. b. Determine the net present value of the project based on a 11 percent discount rate. (Do not round intermediate calculations and round your answer to 2 decimal places.) c. Determine the net present value of the project based on a 18 percent discount rate. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.) Appendix B Present value of $1,PVIFPV=FV[(1+i)n1] Appendix B (concluded) Present value of $1