1.12 points E11-4 Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Ret Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follov $1,80,000 Initial investment (2 limos) Useful life Salvage value Annual net income generated LLT's cost of capital 10 yoars $ 140,000 180,000 15% Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of retum. (Round your percentage answer to 1 decimal place ng Rate of Return 2. Payback period. (Round your answer to 2 decimal places.) Years