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.

Luke started a weight-loss program. the first week, he lost x pounds. the second week, he lost pounds less than times the pounds he lost the first week. the third week, he lost 1 pound more than of the pounds he lost the first week. liam started a weight-loss program when luke did. the first week, he lost 1 pound less than times the pounds luke lost the first week. the second week, he lost 4 pounds less than times the pounds luke lost the first week. the third week, he lost pound more than times the pounds luke lost the first week.