Current Attempt in Progress Monty Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $50000 for 5 years. The most that Johnson would be willing to spend on this project is PV of an Present Value of 1 at 8% Annuity Year 1 2 3 4 5 0.926 0.857 0.794 0.735 0.681 of 1 at 8% 0.926 1.783 2.577 3.312 3.993 $34050. $125910 $199650. $165600. Attempts: 0 of 1 used Submit Answer Save for Later