23

. Question 23 of 50 Skysong Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $38000 for 5 years. The most that Johnson would be willing to spend on this project is Present Value of 1 al 8% Year 1 PV of an Annuity of 1 al 8% 0.926 1.783 2.577 3.312 3.993 2 0.926 0.857 0.794 0.735 0.681 3 4 5 O $95692 O $125856 O $25878 $151734