Question 27 Tamarisk, Inc. is considering purchasing equipment costing $58000 with a 6-year useful life. The equipment will provide annual cost savings of $14108 and will be depreciated straight-line over its useful life with no salvage value. Tamarisk requires a 10% rate of return Period 6 8% 1.623 Present Value of an Annuity of 9% 10% 11% 12% 4.486 4.355 4. 231 4.111 15% 3.784 What is the approximate Internal rate of return for this investment? 10% Question Attemptsio of 1 used SUBMIT