no residual value. The company uses straight$-$line depreciation, and its stockholders demand an annual return of $12\%$ on investments of this nature

$($Click the icon to view the Present Value of $$1$ table$)($Click the icon to view Present Value of Ordinary Annuity of $$1$ table $)$

$($Click the icon to view Future Value of $$1$ table $)($Click the icon to view Future Value of Ordinary Annuity of $$1$ table $)$

Requirements

Read the requirements

Requirement $1.$ Compute the payback, the ARR, the NPV$,$ the IRR, and the profitability index of this investment

First, determine the formula and calculate payback $($Round your answer to one decimal place, $xx)$

Next, determine the formula and calculate the accounting rate of return $($ARR$).($Round the percentage to the nearest tenth perc

$\backslash$table$[[$Average annual operating income,$+,$Average amount invested$],[$$$,247,250,+$$$,935,00,],[$Years$,,\backslash$table$[[$Net Cash$],[$Inflow$]],\backslash$table$[[$Annuity PV Factor$],[)=12\%,n=(8$