2. (20 points) Assuming a 7% interest rate, find the present value of an investment project of $ 12,000 that leads to the following cash flows: Year 1: $0 Years 2-4: $ 1,500 (each year) Year 5-7: S 2,000 (each year) Year 8: $ 5,000 Also, find the annual interest rate that gives a net present value of zero (also known as IRR). (Hint: You can use MS Excel's NPV and IRR functions)