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If you insulate your office for $16,000, you will save $1,600 a year in heating expenses. These savings will last forever. a. and b. What

image text in transcribed If you insulate your office for $16,000, you will save $1,600 a year in heating expenses. These savings will last forever. a. and b. What is the NPV of the investment when the cost of capital is 5% ? What if it is 10% ? c. What is the IRR of the investment? Note: Enter your answer as a whole percent. d. What is the payback period on this investment

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