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Cullumber Company is considering a long-term investment project called ZIP.ZIP will require an investment of $122,010. It will have a useful life of 4

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Cullumber Company is considering a long-term investment project called ZIP.ZIP will require an investment of $122,010. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $83,000, and annual cash outflows would increase by $41,500. The company's required rate of return is 12%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answers to O decimal places, eg. 15%. Internal rate of return on this project is between Determine whether this project should be accepted? The project be accepted. % and %

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