Jennie Kim Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $20,000 for 5 years. The most that Jennie would be willing to spend on this project is * (2 Points) Year 1 2 3 4. 5 Present Value of 1 at 8% .926 .857 .794 .735 681 PV of an Annuity of 1 at 8% .926 1.783 2.577 3.312 3.993 550.364 $66.240 $79.860. $13.620