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Please answer part C and show calculations, thank you! A project that costs $3,800 to install will provide annual cash flows of $880 for each

image text in transcribedPlease answer part C and show calculations, thank you!

A project that costs $3,800 to install will provide annual cash flows of $880 for each of the next 7 years. a. Calculate the NPV if the discount rate is 12%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ 216.11 b. Is this project worth pursuing? Yes No c. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Discount rate 14 %

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