1.Compute for the IRR on below given information.

Year 0 Year 1 Year 2 Year 3

-$100,000 $10,000 $50,000 $60,000

2. Compute for the Simple Payback Period and Discounted Payback Period. The initial investment is $50,000 and in below table are the savings per year, MARR = 12%. Show complete solution.

Year Savings

1 $ 5,000

2 $ 18,000

3 $12,000

4 $10,000

5 $ 8,000

6 $20,000