Please don't use excel . solved it on paper

(10 points) Consider the following project's after-tax cash flow and the expected annual general inflation rate during the project period: Expected End of Year Cash Flow (in Actual $) General Inflation Rate 0 -$45,000 1 32,000 3.5% 2 32,000 4.2 3 32,000 5.5 (a) Determine the average annual general inflation rate over the project period. (b) Convert the cash flows in actual dollars into equivalent constant dollars with the base year (). (c) If the annual inflation-free interest rate is 5%, what is the present worth of the cash flow? Is this project acceptable