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Emma Company projects an increase in net income of $23381 each year for the next five years if it invests $110251 in new equipment. The

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Emma Company projects an increase in net income of $23381 each year for the next five years if it invests $110251 in new equipment. The equipment has a five-year life and an estimated salvage value of $15622. What is the annual rate of return on this investment? Round your answer to 2 decimal places. Answer as a percentage. For example, if your calculation is , 1056, your answer would be 10.56 Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) interent is tWisper period Fomer Company is considering a project that has estimated annual not cash flows of $10790 tor three years and is estmated to cost $20520. The saivege value at the end of proyeg is oxpectod to be 54050 . Fowler's cost of capital is 6 percont. The net prosent value of the project is S (if the not present value is negative, indicate by placing a - sign before the number. DO NOT use parenthesis () Example it your ankwor is negative, indicale as 1,000. sekinev Mromer conest Arwwer: 11,32+2

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