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La Net Presenta A project has estimated annual net cash flows of $15,000 for six years and is estimated to cost 550,000. Assume a minimum

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La Net Presenta A project has estimated annual net cash flows of $15,000 for six years and is estimated to cost 550,000. Assume a minimum acceptable rate of rum of 20%. Use the Present Value of an Annulty of $1 at Compound Interest table below Present Value of an Annuity of Stat Compound Interest Year 9 10 11 15% 20% 1 0.43 0.909 0.93 0.870 0.83 1690 1625 2.402 2.100 2.673 3.455 4212 2.487 3.170 3.791 301 3.505 2.283 2.855 3.353 3.785 4.160 4.487 4.912 2.589 2.991 3.326 3.605 4.355 5.582 6.210 4.568 5.335 4.564 4.968 3.837 10 7430 5.145 5.6505 .019 4.192 Determine the net present value of the project and (b) the required, use them to indicate a negativ t value Net present value of the project (round to the nearest dollar) Present value index (rounded to two decimal places) Previous Alved Emelitructor Save and Submit Test for Grading

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