(Ignore income taxes in this problem.) Chow Company has gathered the following data on a proposed investment project:

45. The payback period for the investment is closest to: A. 8.00 years B. 1.42 years C. 4.75 years D. 0.21 years

46. The simple rate of return on the investment is closest to: A. 8.55% B. 10.00% C. 21.05% D. 33.55%

47. The net present value on this investment is closest to: A. $30,000 B. $76,024 C. $58,800 D. $17,550

48. The internal rate of return on the investment is closest to: A. 13% B. 15% C. 14% D. 12%