Given the following data (Ignore income taxes.): Cost of equipment $48,680 Annual cash inflows $10,000 Internal rate of return 10% Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the appropriate discount factor(s) using the tables provided. The life of the equipment must be: O 7 years 6 years O It is impossible to determine from the data given 5 years

Given the following data (Ignore income taxes.): Cost of equipment $48,680 Annual cash inflows $10,000 Internal rate of return 10% Click here to view Exhibit 781 and Exhibit 78 -2, to determine the appropriate discount factor(s) using the tables provided. The life of the equipment must be: 7 years 6 years It is impossible th determine from the data given 5 years