Net Present Value OR A project has estimated annual net cash flows of $8,750 for nine years and is estimated to cost $40,000. Assume a minimum acceptable rate of return of 12. Use the Present Value of an Annuity of $1 at Compound Interest table below. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 124 15% 2016 0.943 0.9090.893 0.870 1.833 1.736 1.690 1.626 2.673 2.487 2.402 2.283 3.465 3.170 3.037 2.855 4.212 3.791 3.605 3.352 4.917 4.355 4.111 5.582 4.868 4.564 4.160 6.210 5.335 4.968 4.487 9 6 .802 5.759 5.328 4.772 10 7 .360 6.145 5.650 5.019 dex (rounded to two decimal places). Determine (1) the net present value of the project If required, use the minussion to indicate neative (1) Net present value of the project (2) Present value index