It is the 1st of July and you are asked to prepare the future value calculation table for your client XYZ based on the information supplied on the project:

Expected annual cash flow $15,000.

Project life 10 years.

Year	Present value of $1 at 9%
1	0.9174
2	0.8417
3	0.7722
4	0.7084
5	0.6499
6	0.5963
7	0.5470
8	0.5019
9	0.4604
10	0.4224

Amount expected to be recovered from the project in the final year $7,000.

Cost of project $100,000.