Mathematics, 08.12.2020 16:50 muratm

28.) A project has estimated annual net cash flows of $100,000 for 9 years. And is estimated to cost $525,000.
Assume a minimum acceptable rate of return of 7%. Using
the present value of an annuity table, determine the net
present value of the project and the present value index,
round to two decimal places.

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