View Policies Current Attempt in Progress Pina Colada Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $56000 for 5 years. The most that Johnson would be willing to spend on this project is PV of an Present Value Annuity Year of 1 at 8% of 1 at 8% 0.926 0.926 0.857 1.783 0.794 2.577 0.735 3.312 0.681 3.993