FGH Company is considering an investment of $20,000, which produces the following inflows:

Year	Cash Flow
1		$12,000
2		10,000
3		5,000

a. Determine the NPV of the project based on a 9 percent discount rate. (Omit $ sign in your response. Please submit your calculations on Moodle)

NPV =______

b. Determine the NPV of the project based on a 20 percent discount rate. (Negative answer should be indicated by a minus sign. Omit $ sign in your response.)

NPV = ______