Previous Page Next Page Page 13 of 15 Question 13 (1 point) Comet Powder Company has purchased a piece of equipment costing $100,000. It is expected to generate a ten-year stream of benefits amounting to $16,273 per year. Determine the rate of return Comet expects to earn from this equipment. 16.3% 62.7% 10% 20% Previous Page Next Page Page 13 of 15 Question 14 (1.5 points) Winding Company has purchased a piece of equipment costing $100,000. This equipment will generate a positive net cash flow of $15,000 end of each year for 8 years. Determine the rate of return Winding expects to earn from this equipment. 10.00% 04.24% 8.35% 5.90% 7.70% Previous Page Next Page Page 15 of 15 Question 15 (1.5 points) Air Oceana would like to purchase an equipment at the end of 10 years. It plans to save $500,000 at the beginning of each of the next 10 years. How much savings will Air Oceana have in its account at the end of 10 years if it expects a 4% rate of return? $4,217,666 $7,401,221 $6,603,394 $6,243,176 $6,003,054 $4,055,448