Simple and short answers please

a) How do you calculate the present value of a future cash flow and how do you calculate the future value of a present cash flow? Explain by writing down the formulas and verbally explaining. b) Explain how you would calculate the net present value (NPV) of a project that you, as a financial manager, consider investing in. Now, assume that the project details are as following: project life: 3 years initial investment to be made today = 1million TL. Cash inflows at years 1 to 3 respectively =0.5m,1m and 2mTL Would you invest in the project if the discount rates were at an extreme of 0% ? Would you invest in the project if the discount rates were at an extreme of 100% ? Briefly explain why with an emphasis on the role of the discount rate in calculations