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A project has estimated annual net cash flows of $10,000 for six years and is estimated to cost $30,000. Assume a minimum scomptable rate of

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A project has estimated annual net cash flows of $10,000 for six years and is estimated to cost $30,000. Assume a minimum scomptable rate of return of 20%. Use the Present Value of an Annuity of 1 Compound Interest table below. Present Value of an Annulty of si at Compound Interest Year 6% 10% 12% 15% 20 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.50 5 4.212 1.791 3.605 3.353 2.991 6 4.917 3.785 3.326 7 5.582 4.368 4.564 4.160 3.505 3 6.210 5.335 4.487 9 6.802 5.759 5.328 4.772 4.031 10 7.350 6.145 5.650 5.019 4.192 Determine (a) the net present value of the project and (b) the rest value. If required, use the minus sign to indicate negative net prest value Net present value of the project (round to the nearest dollar) Present value Index (rounded to two decimal places Check My Work 2 mom Check My Woes romag Como All work saved Sanda Singen for nmar Score: 0.0% MacBoots

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