13. Elizabeth Corp is considering the purchase of a machine that would cost $450,000 that would have a useful life of 10 years with no salvage value. The machine will provide net cash inflows of $60,000 per year. The IRR is closest to: a. 10% b. 7% c. 4% d. 20% 14. Keilah Company is considering the purchase of equipment that would cost $300,000 and would last for 6 years. At the end of the 6 years, the equipment would have a salvage value of $30,000. The equipment would also provide annual cost savings of $50,000. The company requires a minimum pretax return of 8% on all investment projects. a. 49950 b. 100,000 c. 43370 d. 25780