NOTE: if you can give the equation on how to find the answers that wil be great. thank you!

Dax Company is considering an investment with the following information. Required: a. Compute the net present value of the investment. Year Year 1 Year 2 Year 3 Totals Initial investment Net present value Net Cash Flows $8,000 10,000 12,000 $30,000 Required rate of return: Present Value of 1 at 12% 0.8929 0.7972 0.7118 12% Present Value of Net Cash Flows (25,000) b. Determine whether the project should be accepted or rejected on the basis of net present value. Determine whether the project should be accepted or rejected on the basis of net present value. Accepted Rejected +

Dax Company is considering an investment with the following information. Required: a. Compute the net present value of the investment. Required rate of return: 12% b. Determine whether the project should be accepted or rejected on the basis of net present value