Average Rate of Return, Cash Payback Period, Net Present Value Method Great Plains Transportation Inc. is considering acquiring equipment at a cost of $264,000. The equipment has an estimated life of 10 years and no residual value. It is expected to provide yearly net cash flows of $66,000. The company's minimum desired rate of return for net present value analysis is 15% Present Value of an Annuity of $1 at Compound Interest 15% 0.870 1.626 2.283 2.855 3.352 3.784 12% 0.893 1.690 10% 0.909 1.736 2.487 2.402 20% 0.833 1.528 2.106 2.589 2.991 3.326 Year 6% 0.943 1.833 2.673 3.465 3.170 3.037 4.212 3.791 4.917 4.355 3.605 5.582 4.868 4.564 4.160 3.605 6.210 5.335 4.968 4.4873.837 6.802 5.759 5.328 4.772 4.031 7.360 6.145 5.650 5.019 4.192 9 10