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  3. period 1 2 3 present value of an annuity of 1 8 9

Period 1 2 3 Present Value of an Annuity of 1 8 9 0 926...

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Period 1 2 3 Present Value of an Annuity of 1 8 9 0 926 0 917 1 783 1 759 2 577 2 531 O 60 000 O 3 720 10 0 909 30 372 1 736 4 Cranford Company has a minimum required rate of return of 9 It is considering investing in a project which costs 300 000 and is expected to generate cash inflows of 120 000 at the end of each year for three years The net present value of this project is 2 487

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