A warehouse is considering installing new LED light bulbs in order to save on their monthly electricity bill. These light bulbs are expected to last for 5 years. However, the warehouse operates 24 hours/day, and installing new light bulbs will slow down operations, requiring overtime hours during the week of installation. You are an engineer at this warehouse, and the management team wants to know what the rate of return for this project is, given the following cash flows: 4/1/22 Purchase light bulbs and pay for installation 4/8/22 One time overtime wages due to employees 4/30/22 First month of savings on the electric bill 3/31/27 Average end of month savings per electric bill after installation month until 3/31/2027 ($10,000) ($5,000) $220 $15,820 A warehouse is considering installing new LED light bulbs in order to save on their monthly electricity bill. These light bulbs are expected to last for 5 years. However, the warehouse operates 24 hours/day, and installing new light bulbs will slow down operations, requiring overtime hours during the week of installation. You are an engineer at this warehouse, and the management team wants to know what the rate of return for this project is, given the following cash flows: 4/1/22 Purchase light bulbs and pay for installation 4/8/22 One time overtime wages due to employees 4/30/22 First month of savings on the electric bill 3/31/27 Average end of month savings per electric bill after installation month until 3/31/2027 ($10,000) ($5,000) $220 $15,820