below is the attach question's 1. Taffy Industries is considering purchasing equipment costing $60,000 with a 6year useful life. The equipment will provide cost savings of $14,600 and will be depreciated straightline over its useful life with no salvage value. Taffy Industries requires a 10% rate of return. Present Value of an Annuity of 1 Periods 8% 9% 6 4.623 4.486 10% 11% 12% 13% 4.355 4.231 4.111 3.784 What is the approximate net present value of this investment? 2. In using the internal rate of return method, the internal rate of return factor was 4.0 and the equal annual cash inflows were $40,000. The initial investment in the project must have been A:$40,000. B:$10,000. C:$160,000. D:an amount which cannot be determined