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Davis Chill Company is considering an investment of $22,000, which produces the following infowa Year Cash Flow 1 $12,000 2 11,000 3 8,000 Use Arpendix

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Davis Chill Company is considering an investment of $22,000, which produces the following infowa Year Cash Flow 1 $12,000 2 11,000 3 8,000 Use Arpendix 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 Net present value b. 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) Not present value

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