Question: QS B - 6 ( Algo ) Present value of an annuity LO P 3 Beene Distributing is considering a project that will return $

QS B-6(Algo) Present value of an annuity LO P3
Beene Distributing is considering a project that will return $220,000 annually at the end of each year for the next eight years. If Beene demands an annual return of 7% and pays for the project immediately, how much is it willing to pay for the project? (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.)
Answer is complete but not entirely correct.
\table[[\table[[Periodic Cash],[Flow]],x,,\table[[of an],[nary],[uity)]],=,Present Value],[220,000,x,4,5.7473,0,1,264,006ox
 QS B-6(Algo) Present value of an annuity LO P3 Beene Distributing

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