Present Value of an Annuity of 1 Periods 7% 8% 9% 1 0.935 0.926 0.917 2 1.808 1.783 1.759 3 3 2.624 2.577 2.531 A company has a minimum required rate of return of 8% and is considering investing in a project that costs $49000 and is expected to generate cash inflows of $29000 at the end of each year for two years. The net present value of this project is $20000.00. O $10000.00. O $51707.00. O $2707.00