5 points Question at position 14 A company can purchase equipment for $113,004 that will yield a savings of $20,000 per year. The equipment has a useful life of 10 years. PV of ordinary annuity for 10 years at the following rates are: 10%=6.145 11%=5.889 12%=5.650 13%=5.462 14%=5.216 15%=5.019 What is the internal rate of return for this investment? A company can purchase equipment for $113,004 that will yield a savings of $20,000 per year. The equipment has a useful life of 10 years. PV of ordinary annuity for 10 years at the following rates are: 10%=6.145 11%=5.889 12%=5.650 13%=5.462 14%=5.216 15%=5.019 What is the internal rate of return for this investment? 14% 12% 10% 15%