Present value of an annuity of $1 3 4 6 7 Periods 4% 6% 8% 10% 12% 14% 1 0.96154 0.94340 0.92593 0.90909 0.89286 0.87719 2 1.88609 1.83339 1.78326 1.73554 1.69005 1.64666 2.77509 2.67301 2.57710 2.48685 2.40183 2.32163 3.62990 3.46511 3.31213 3.16987 3.03735 2.91371 5 4.45182 4.21236 3.99271 3.79079 3.60478 3.43308 5.24214 4.91732 4.62288 4.35526 4.11141 3.88867 6.00205 5.58238 5.20637 4.86842 4.56376 4.28830 8 6.73274 6.20979 5.74664 5.33493 4.96764 4.63886 9 7.43533 6.80169 6.24669 5.75902 5.32825 4.94637 10 8.11090 7.36009 6.71008 6.14457 5.65022 5.21612 Dayton Inc. is considering an investment in equipment that will have an initial cost of $1,680,000 and yield annual net cash Inflows of $270,000. Yearly depreciation will be $168,000. The equipment is expected to be useful for 10 years and then it will be scrapped. Dayton requires a minimum rate of return of 10% Required: If required, use the minus sign to indicate a negative net present value. A. The payback period is years. Round your answer to one decimal place. 8. The accounting rate of return is % Round your answer to two decimal places. C. The net present value is $ Round your answer to the nearest whole dollar value. D. The approximate internal rate of return is slightly below 4. Round to the nearest whole percent