Internal Rate of Return 5 2 points Lansing, Inc. is considering purchasing equipment costing $104,025 with a 8- year useful life. The equipment will provide an annual cost savings of $19,500. Cleaners requires a 11% rate of return. The internal rate of return (IRR) on this equipment is type your answer... %. Round to the nearest whole percentage. Do not include any decimal places. 6 1 point Lansing should choose your answer... this investment. -DO It