The first cost, life, and annual benefit for a prospective project are uncertain. Optimistic, most likely, and pessimistic estimates are given. If the interest rate is 20%, what is the expected annual worth? Is the project viable? You must show work to receive full credit on this question. Initial cost Annual benefit Project life Optimistic 240,000 25,000 5 Project X Most Likely 100,000 45,000 7 Pessimistic 80,000 95,000 9