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A project has estimated annual cash flows of $90,000 for 3 years and is estimated to cost $250,000. Assume a minimum acceptable rate of return

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A project has estimated annual cash flows of $90,000 for 3 years and is estimated to cost $250,000. Assume a minimum acceptable rate of return of 10% Present Value of si at Compound Interest Year 6% 12% 10% 0.909 1 0.943 0.893 2 0.797 3 0.826 0.751 0.890 0.840 0.792 0.747 4 0.683 0.712 0.636 0.567 5 0.621 Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 1 0.909 0.943 1.833 1.736 2.673 0.893 1.695 2.402 3,037 2.487 4 3,465 3.170 3.791 5 4.212 3.605 Use the tables above. Use the tables above. a. Determine the net present value of the project. Enter negative values as negative numbers. b. Determine the present value index, Round your answer to two decimal places

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