1.1 Calculate the Payback Period of Nik and Nak Equipment. (Answer must be expressed in years, months and days.) (8 marks) 1.2 Calculate the Accounting Rate of return (on average investment) of Nak Equipment (answer expressed to two decimal places). (6 marks) 1.3 Calculate the Net Present Value of Nik Equipment. (Round off amounts to the nearest Rand.) (5 marks) 1.4 Calculate the Internal Rate of Return of Nak Equipment (answer expressed to two decimal places). (6 marks)

Studv the information aiven below and answer the followina auestions: NOTE: Where present value tables are required, use tables with 4 decimal places. REQUIRED