Last year, I deYou are considering investing in a project which would involve upgrading your firm$$s delivery vehicle. The new vehicle is expected to save $$10,000$ per year in gasoline and other expenses and would cost $$40,000$ to purchase. You expect the vehicle would have a useful life of $5$ years then would need to be retired from service with no alternate uses, and no salvage value. Your treasurer believes your firms WACC $($weighted average cost of capital$),$ the rate you need to earn on projects in order to keep from destroying value, is $15\%.$ Your company has a policy that all new projects must $$payback$$ in full withing $3$ years of the capital investment.cided to put my money into a savings account that yields $4\mathrm{.}6\%$ annually. If inflation for the year came in at $3\mathrm{.}7\%,$ what was my real rate of return? What is the IRR