*URGENT HELP NEEDED UPVOTE GUARANTEED*

Current Attempt in Progress

	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% and is considering investing in a project that costs $67260 and is expected to generate cash inflows of $27100 each year for three years. The approximate internal rate of return on this project is

8%.

10%.

9%.

less than the required 8%.