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Use the following table for the questions below. Present Value of an Annuity of 1 Periods 8 % 9 % 1 0 % 1 .

Use the following table for the questions below.
Present Value of an Annuity of 1
Periods 8%9%10%
1.926.917.909
21.7831.7591.736
32.5772.5312.487
A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $84,000 at the end of each year for three years. The net present value of this project is

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