Invescom is considering investing $450,000 in plant assets. The plant assets have a useful life of 9 years and no salvage value. The plant assets are expected to generate an annual cash savings of $85,000. The company's cost of capital is 12%.

Using the present value tables and the information provided, answer the following:

1. What is the cash payback period? Round your answer to TWO decimal places.

2. What is the accounting rate of return (or return on investment)?

3. What is the net present value? Round to the nearest whole dollar.

4. What is the internal rate of return? (Use the closest percentage)

5332 4 3 5 4 5 9 3 96 3 3 3 4 9 3 4 3 2 1 3 3 3 2 3 4 3 2 3 3 4 5 31332 0 2 6 0 2 23 03 0 0000 00000 00 0 0 0 0 0 0 0 0 0 00 0 0. 09 o o o o_o 66 0.5 0.5-5 000 0. 0 0-0.1 0.1 0.1 0.1 0.1-0.1-01 000000 0 0. 000 0. 0 0 0 0 0 0 0 0 0 0 0 0 000000000000000000000000 90-0000 00000 00 307 ,4 3 4 5 92 4 6 3 94 3 0 2 582581581402 6 2 40 o 1-0 0 0 0 00 0 0 0 00 0 0 0 000000 0 0 0 00 0 0 0 0|0 00000 0 0 0 00 0 0 0 00 0 0 0 0 sej iod-1 2 3 4 5-6 7 9 01 2 3 4 56 7 8 9 01 2 3 4 52 2 2 2 3-3 3 3 3 3-3 3 3 3 01 4 4 4 4-46 47 48 49 50