You are considering a project which will provide annual cash inflows of $0, $7,500, $8,000, and $9,000 at the end of each year for the next four years, respectively. What is the present value of these cash flows, given a 7 percent discount rate? $19,947.23 $20,071.35 $14,877.61 $19,133.42 $15,865.74