A project has estimated annual cash flows of $95,000 for 4 years and is estimated to cost $260,000. Assume a minimum acceptable rate of return of 10%. Using the following tables determine the (a) net present value of the project and (b) the present value index, rounded to two decimal places.
Below is a table for the present value of $1 at compound interest. 
Below is a table for the present value of an annuity of $1 at compound interest. 
Definitions:
Architect LLC
Refers to a limited liability company operating in the architectural sector, offering professional design services.
Discharged
Released from a contract, obligation, or debt; in legal terms, it often refers to a debt being forgiven or a prisoner being released.
Duties
Obligations or responsibilities that are required to be fulfilled under the law or by agreement.
Lifeguard
A person trained and employed to prevent accidents and rescue swimmers in a swimming pool, water park, or beach.
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