MATS Company is considering an investment of $35,000, which produces the following inflows:

Year Cash Flow

1 ..................... $16,000

2 ..................... 15,000

3 ..................... 12,000

a. Determine the net present value of the project based on 8% discount rate.

b. Determine the net present value of the project based on a 10% discount rate.

c. Determine the net present value of the project based on a 15% discount rate

d. Calculate IRR

**Include financial calculator steps, including the keys pressed on the calculator to solve each step.