Present Value of an Annuity of 1
Periods	8%	9%	10%
1	0.926	0.917	0.909
2	1.783	1.759	1.736
3	2.577	2.531	2.487

A company has a minimum required rate of return of 10% and is considering investing in a project that requires an investment of $68900 and is expected to generate cash inflows of $31000 at the end of each year for 3 years. The present value of future cash inflows for this project is

$68900.00.

$77097.00.

$9561.00.

$8197.00.