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Davis Chili Company is considering an investment of $22,000, which produces the following inflows: Use Appendix B for an approximate answer but calculate your final
Davis Chili Company is considering an investment of $22,000, which produces the following inflows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Determine the net present value of the project based on a zero percent discount rate. Determine the net present value of the project based on a 12 percent discount rate. (Do not round intermediate calculations and round your answer to 2 decimal places.) Determine the net present value of the project based on a 20 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.)
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