Internal Rate of Return A project is estimated to cost $367,632 and provide annual net cash flows of $69,000 for nine years. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 Determine the internal rate of return for this project, using the Present Value of an Annuity of $1 at Compound Interest table shown above. % 1 Nat Pre Values-unequall Live Project 1 requires a Griginal investment of $57,900. The project will yield cash flows of $15,000 per year for 7 years. Project 2 has a computed not present value of $13,700 va five-year bre. Project 1 could be sold at the end of free years for a price of $51,000. Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown belon Present Value of si at Compound Interest Year 10% 15% 0.000 0.893 0.870 0.800 0.792 0.756 3 0.840 0.751 0.712 0.658 0.792 0.63 0.636 0.572 5 0.247 0.621 0.562 0.02 6 0.705 0.502 0.335 2 0.665 0.513 0.452 0.376 B 0.462 0.404 0.327 9 0.592 0.361 10 0.558 0.322 0.162 0.233 Present Value of an Annuity of $1 at Compound Interest Year 10 1 0.943 0.900 0.803 0.820 1.833 1.36 1.600 1.626 1.526 3 2.623 2.482 2.402 2.23 2.106 3.455 3.170 3.032 2.855 2.580 S 3.791 3.605 3.353 2.91 b 4.91 4.355 4.111 3.785 3.326 5.582 4.85 4.554 4.150 3.505 6.210 5.335 4.968 4.482 9 6.802 5.250 5.328 10 6.145 5.650 5.010 a. Dette the prin value ofrojd 1 over a five-year life with residual valu, assuming a minimum te ofretum af 20%. I required, round to the nearest dollar. ts. Which project provides the last print value