Present Value of an Annuity of 1 Periods 2X 8% 9% 1 0.935 0.926 0.917 N 1.808 1.783 1.759 3 2.624 2.577 2531 A company has a minimum required rate of return of 8% and is considering investing in a project that costs $50300 and is expected to generate cash inflows of $29100 at the end of each year for two years. The net present value of this project is $21200.00 O $10600.00 O $51885.30 $1585.30