A project has estimated annual net cash flows of
$147,000
for 4 years and is estimated to cost
$475,500
. Assume a minimum acceptable rate of return of
10%
. Use th Value of an Annuity of
$1
at Compound Interest table below. Present Value of an Annuity of
$1
at Compound Interest \table[[Year,
6%
,
10%
,
12%
,
15%
,
20%

Question

A project has estimated annual net cash flows of

$147,000

for 4 years and is estimated to cost

$475,500

. Assume a minimum acceptable rate of return of

10%

. Use th Value of an Annuity of

$1

at Compound Interest table below. Present Value of an Annuity of

$1

at Compound Interest \table[[Year,

6%

,

10%

,

12%

,

15%

,

20%

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