Joe is an incoming freshman college student trying to take out as little debt as possible. Thus, he is trying to find a way to make as much money with a flexible schedule, so he is debating signing up to drive Uber. In order to do this, Joe will have to buy a new car, which he estimates to be about $15,000. Additionally, he anticipates making $10,000 per year in income in year 1, with each year rising 5%. Additionally, he anticipates, his cash flow will be roughly $7.000 per year in year 1, with each year also rising 5%. He will end the Uber "job" upon graduation in 4 years. He also is an expected finance major, so his rate of return is that of the historical market (8%), even though currently its 10%. Please do the following 1. Compute Payback Period (show work) 1.25pts 2. Compute NPV (show work) - 1.25pts 3. State in a sentence what the IRR is - 5 pts