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1 pts Use the following table, Present Value of an Annuity of 1 Period 8% 9% 10% 1 .926 917 .909 2 1.783 1.759 1.736

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1 pts Use the following table, Present Value of an Annuity of 1 Period 8% 9% 10% 1 .926 917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a minimum required rate of return of 10% and is considering investing in a project that requires an investment of $98,000 and is expected to generate cash inflows of $42,000 at the end of each year for three years. The present value of future cash inflows for this project is $98,000 $104,454. O $114,898 56.454

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