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Davis Chili Company is considering an investment of $48,000, which produces the following inflows: Year Cash Flow 1 $21,000 2 20,000 3 17,000 a. Determine

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Davis Chili Company is considering an investment of $48,000, which produces the following inflows: Year Cash Flow 1 $21,000 2 20,000 3 17,000 a. Determine the net present value of the project based on a zero percent discount rate. Net present value b. Determine the net present value of the project based on a 9 percent discount rate. (Do not round intermediate calculations and round your answer to 2 decimal places.) Net present value c. 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.) Net present value

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