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table [ [ , Present Value of an Annuity of 1 ] , [ Periods , 8 % ? ? , 9 % ?

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\table[[,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 8%. It is considering investing in a project that costs $63116 and is expected to generate cash inflows of $25000 each year for three years. The approximate internal rate of return on this project is
9%.
10%.
8%.
less than the required 8%.
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