Present Value of an Annuity of 1
Periods	9%	10%	11%
1	0.917	0.909	0.901
2	1.759	1.736	1.713
3	2.531	2.487	2.444

A company has a minimum required rate of return of 10% and is considering investing in a project that costs $50000 and is expected to generate cash inflows of $30000 at the end of each year for two years. The net present value of this project is

$10000.

$2080.

$20000.

$5556.