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Afirm is reviewing a project that has an initial cost of $71,000. The project will produce annual cash inflows, starting with year 1. of $8,000,

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Afirm is reviewing a project that has an initial cost of $71,000. The project will produce annual cash inflows, starting with year 1. of $8,000, $13,400, $18,600. $33,100, and finally in year 5, $37.900. What is the profitability index if the discount rate is 11 percent? 1.17 0.97 1.07 1.14

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