Joe is looking for some employment. The UPS store is hiring part time employees, but you need a reliable car. Joe decides to go all in and buy a car and do delivery on the side. He estimates the car to be about $35,000 (thave you seen prices recently... man). Additionally, he anticipates making $15,000 per year in income in year 1. with each year rising 5%. Additionally, he anticipates, his cash flow will be roughly $9.000 per year in year 1 , with each year also rising 5%. He will end the delivery "job" in 4 years (when he graduates). He also had a finance class with Professor Honer. He knows the historical rate of retum is (8\%), so he wants to beat it and make his rate of return 9%. Please do the following 1. Compute Payback Period (show work) 1.25pts 2. Compute NPV (show work) - 1.25pts 3. Compute Discount Payback Period (1 pts) 4. Compute Profitability Index (1 pt) 3. State in a sentence what the IRR is - .5pts