A project has estimated annual net cash flows of $ for years and is estimated to cost $ Assume a minimum acceptable rate of return of Use the Present Value of an Annuity of $ at Compound Interest table below.
Present Value of an Annuity of $ at Compound Interest
Year
Determine a the net present value of the project and b the present value index. If required, use the minus sign to indicate a negative net present value.
Line Item Description Answer
Net present value of the project round to the nearest dollar $fill in the blank
Present value index rounded to two decimal places fill in the blank