2 points b Present value of $1 Periods 4% 6% 8% 10% 12% 14% 0.96154 0.94340 0.92593 0.90909 0.89286 0.87719 0.92456 0.89000 0.85734 0.82645 0.79719 0.76947 0.88900 0.83962 0.79383 0.75131 0.71178 0.67497 0.85480 0.79209 0.73503 0.68301 0.63552 0.59208 0.821930.74726 0.68058 0.62092 0.56743 0.51937 0.792031 0.70496 0.63017 0.56447 0.50663 0.45559 0.75992 0.66506 0.58349 0.51316 0.45235 0.39964 0.73069 0.62741 0.54027 0.46651 0.40388 0.35056 0.70259% 0.59190 0.50025 0.42410 0.36061 0.30751 0.67556 0.55839 0.46319 0.38554 0.32197 0.26974 L e N o I O I = < Present value of an annuity of $1 Periods 4% 6% 8% 10% 12% 14% 0.96154 0.94340 0.92593 0.90909 0.89286 0.87719 1.88609 1.83339 1.78326 1.73554 1.69005 1.64666 277509 2.67301 2.57710 2.48685 2.40183 2.32163 3.62990 3.46511 3.31213 3.16987 3.03735 2.91371 445182 4.21236 3.99271 3.79079 3.60478 3.43308 5.24214 4.91732 4.62288 4.35526 4.11141 3.88867 6.00205 5.58238 5.20637 4.86842 4.56376 4.28830 6.73274 6.20979 5.74664 5.33493 4.96764 4.63886 743533 6.80169 6.24689 5.75902 5.32825 4.94637 8.11090 7.36009 6.71008 6.14457 5.65022 5.21612 OO0 O s DN = o Roman Knoze is considering two investments. Each will cost $20,000 initially. Project 1 will return annual cash flows of $10,000 in each of three years. Project 2 will return $5,000in Year 1, $10,000 in Year 2, and $15,000 in Year 3. Roman requires a minimum rate of return of 10%. What is the net present value of Project 27 (Use the discount tables provided and round each present value calculation to the nearest dollar.) $5,670 $24,070 $4,080 $2.530