CALCULATOR BACK NEXT Question 10 Metlock recently invested in a project with a 3-year life span. The net present value was $7600 and annual cash inflows were $22000 for year 1; $24000 for year 2; and $26000 for year 3. The initial Investment for the project, assuming a 15% required rate of return, was Present Value PV of an Annuity Year of 1 at 15% of 1 at 15% 1 0.870 0.870 2 0.756 1.626 3 0.658 2.283 $46792. Od $55040. $45392 $39776