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please show work! thank you Average Rate of Return, Cash Payback Period, Net Present Value Method for a Service Company Spanish Peaks Railroad Inc. is

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Average Rate of Return, Cash Payback Period, Net Present Value Method for a Service Company Spanish Peaks Railroad Inc. is considering acquiring equipment at a cost of $330,000. The equipment has an estimated life of 10 years and no residual value It is expected to provide yearly net cash flows of $66,000. The company's minimum desired rate of return for net present value analysis is 15% Present Value of an Annuity of $1 at Compound Interest 10% 1590 0.943 0.909 0.893 0.870 1.626 2.673 2.487 2.402 2.283 2.855 3.353 3.785 5.582 4.868 .564 4.160 6.210 5.335 4.968 4.487 6.802 5.759 5.328 4.772 5.019 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 Year 690 12% 1.833 1.736 1.690 3.465 4.212 4.917 4 3.170 3.791 4.355 3.037 3.605 4.111 10 7.360 6.145 5.650 Compute the following: a. The average rate of return, giving effect to straight-line depreciation on the investment. If required, round your answer to one decimal place 101 X % b. The cash payback period

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