QUESTION $12$

A project has the following cash flows: $C0=-$$$138,000$;$C1=$$$69,000$;$C2=$$$169,000$;$C3=$$$119,000.$ If the discount rate changes from $12$ percent to $15$ percent, what is the CHANGE in the NPV of the project $($approximately$)?$

$$16,492$ increase

$$16,492$ decrease

$$15,002$ increase

$$12,896$ decrease

$$15,002$ decrease