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its computer furniture line. The equipment is expected to cost $327,600 and to have a six-year life and no salvage value. The equipment is expected

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its computer furniture line. The equipment is expected to cost $327,600 and to have a six-year life and no salvage value. The equipment is expected to generate income of $13,639 and net cash flow of $62,494 in each year of its six-year life. Santana requires an 5% return on all investments. (PV of \$1. FV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) (Negative net present values should be indicated with a minus sign. Do not round intermediate calculations. Round your presen value factor to 4 decimals and final answers to the nearest whole number.) Required: 1-a. Compute the payback period for this equipment. 1-b. Compute the net present value for this equipment. 1-c. Compute internal rate of return for this equipment. 2. If Santana requires investments to have payback periods of four years or less, should she invest in this equipment? 3. If Santana requires investments to have at least an 5% internal rate of return, should she invest in this equipment? Complete this question by entering your answers in the tabs below. Compute the payback period for this equipment. \begin{tabular}{|l|l|l|l|l|} \hline Years 1-6 & Net Cash Flows xPresentValueofAnnuityat5% & & PresentValueofNetCashFlows \\ \hline & & & & \\ \hline Net present value & & & \\ \hline \end{tabular} Compute internal rate of return for this equipment

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