NPV and IR Equal Annual Net Cash Inflows Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9,460, has predicted cash inflows of $2,000 per year for 18 years and has no salvage value tay Using a discount rate of 16 percent, determine the net present, value of the investment proposat. (Round to the nearest whole number) $ (b) Determine the proposals internal rate of return (What discount rate would produce a ne present value of nero? o