Cookie Business s the owner of the Cookie Business, you are considering the following investment: urchase of new equipment $250,000.00 xpected annual increase in sales ime frame $ 48,017.50 7 years 9% cceptable rate needed alculate the Internal Rate of Return: V of annuity factor nternal rate of return ccept or reject PV of Annuity Table n 1% 2% 1 0.9901 0.9804 3% 0.9709 4% 5% 6% 8% 0.9615 0.9524 0.9434 0.9259 10% 0.9091 0.8929 12% 2 3 2.941 4 5 6 5.7955 5.6014 7 8 15 13.8651 12.8493 11.938 11.1184 10.3797 1.9704 1.9416 1.9135 1.8861 1.8594 1.8334 1.7833 1.7355 1.6906 2.8839 2.8286 2.7751 2.7233 2.673 2.5771 2.4869 2.4018 3.902 3.8077 3.7171 3.6299 3.546 3.4651 3.3121 3.1699 3.0374 4.8534 4.7135 4.5797 4.4518 4.3295 4.2124 3.9927 3.7908 3.6048 5.4172 5.2421 5.0757 4.9173 4.6229 4.3553 4.1114 6.7282 6.472 6.2303 6.0021 5.7864 5.5824 5.2064 4.8684 4.5638 7.6517 7.3255 7.0197 6.7327 6.4632 6.2098 5.7466 5.3349 4.9676 9 8.566 8.1622 7.7861 7.4353 7.1078 6.8017 6.2469 5.759 5.3283 10 9.4713 8.9826 8.5302 8.1109 7.7217 7.3601 6.7101 6.1446 5.6502 11 10.3676 9.7869 9.2526 8.7605 8.3064 7.8869 7.139 6.4951 5.9377 12 11.2551 10.5753 9.954 9.3851 8.8633 8.3838 7.5361 6.8137 6.1944 13 12.1337 11.3484 10.635 9.9857 9.3936 8.8527 7.9038 7.1034 6.4236 14 13.0037 12.1063 11.2961 10.5631 9.8986 9.295 8.2442 7.3667 6.6282 9.7123 8.5595 7.6061 6.8109