A project has estimated annual cash flows of $95,000 for 4 years and is estimated to cost $260,000. Assume a minimum acceptable rate of return of 10%. Using the following tables, determine (a) the net present value of the project and (b) the present value index, rounded to two decimal places.Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity of $1 at compound interest:

Question

A project has estimated annual cash flows of $95,000 for 4 years and is estimated to cost $260,000. Assume a minimum acceptable rate of return of 10%. Using the following tables, determine (a) the net present value of the project and (b) the present value index, rounded to two decimal places.Following is a table for the present value of $1 at compound interest:  Following is a table for the present value of an annuity of $1 at compound interest:

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The Answer of A project has estimated annual cash flows of $95,000 for 4 years and is estimated to cost $260,000. Assume a minimum acceptable rate of return of 10%. Using the following tables, determine (a) the net present value of the project and (b) the present value index, rounded to two decimal places.Following is a table for the present value of $1 at compound interest:  Following is a table for the present value of an annuity of $1 at compound interest:

A Project Has Estimated Annual Cash Flows of $95,000 for 4