996 10% 0.621 0.564 ni 0.650 5 0.513 6 ON Present Value of an $1 7% 896 0.713 0.681 0.666 0.630 0.623 0.583 0.582 0.540 0.544 0.500 0.508 0.463 7 0.596 0.547 0.502 0.460 0.422 0.467 0.424 8 9 0.386 10 n/ 10% 3.790 4.355 5 6 Present Value of an Ordinary Annuity 7% 8% 9% 4.100 3.993 3.890 4.767 4.623 4.486 5.389 5.206 5.033 5.971 5.747 5.535 6.515 6.247 5.995 7.024 6.710 6.418 4.868 7 5.335 8 5.759 9 6.145 10 Cinderella has the opportunity to invest in a project with these details: Cost of project $ 46,000 UL 6 years Salvage Value $ 4,000 Annual net cash inflows $ 10,000 Company's minimum rate of return 7% Company's discount rate 7% The net present value of this project is $