Co. some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $ 2500) Annual cost savings were:$27000 for year 1; $22000 for year 2; and $16000 for year 3. The amount of the initial investment was Present Value PV of an Annuity 0,893 0.797 0.712 0.893 1.690 2.402 O $50537. O $55537 $50344