Periods 1 Present Value of an Annuity 1 8% 9 10% 926 917 909 1.783 1759 1.736 2 2:577 2.531 2.487 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs 567116 and is expected to generate cash inflows of 575000 mach year for three years The approximate Internal rate of return on this project is 5% 6%. less than the required