12 24 points Joanette, Inc., is considering the purchase of a machine that would cost $400,000 and would last for 8 years, at the end of which, the machine would have a salvage value of $40,000. The machine would generate annual net cash inflows of $70,000. The company requires a minimum return of 9% on all investment projects The payback period is type your answer... years. The present value of the annual net cash inflows is type your answer... The present value of the salvage value is type your answer... The net present value is choose your answer... type your answer... If the net present value is positive, the internal rate of return is choose your answer... 9% Previous Next