A project has estimated annual net cash flows of $96, 200 for four years and is estimated to $315, 500. Assume a minimum acceptable rate of return of 10%. Using Exhibit 5, determine (1) the net present value of the project and (2) the present value index, rounded to two decimal places. A project is estimated to cost $104, 328 and provide annual net cash flows of $21,000 for eight years. Determine the internal rate of return for this project, using Exhibit 5. A project is estimated to cost $362, 672 and provide annual net cash flows of $76,000 for nine years. Determine the internal rate of return for this project, using Exhibit 5. Project A requires an original investment of $32, 600. The project will yield cash flows of $7,000 per year for nine years. Project B has a calculated net present value of $3, 500 over a six-year life. Project A could be sold at the end of six years for a price of $15,000. (a) Determine the net present value of Project A over a six-year life, with residual value, assuming a minimum rate of return of 12%. (h) Which project provides the greatest net present value? Project 1 requires an original investment of $55,000. The project will yield cash flows of $15,000 per year for seven years. Project 2 has a calculated net present value of $5,000 over a four-year life. Project 1 could be sold at the end of four years for a price of $38,000. (a) Determine the net present value of Project 1 over a four-year life, with residual value, assuming a minimum rate of return of 20%. (b) Which project provides the greatest net present value