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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 $1 at Compound Interest 12% 0.943 10% 0.909 0.826 0.751 0.893 0.79 0.890 0.540 0.712 0.792 0.583 0.615 0.747 0.621 0.567 Present Value of an Annuity of $1 at Compound Interest 10% 121 041 0.909 1.833 2.673 1.736 2.487 3.170 3.791 0.893 1.690 2.402 3.037 3.605 4.212 Use the tables above a. Determine the net present value of the project. Enter negative values as negative numbers. b. Determine the present valueiden Round your answer to two decimal places Check My Work more Check My Wo m an Previous Next >

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