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Question 7 1 pts ABC Company is considering an investment that will cost the company $486 at time=0. The after-tax cash flows are expected

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Question 7 1 pts ABC Company is considering an investment that will cost the company $486 at time=0. The after-tax cash flows are expected to be $89 each year for 13 years. What is the payback period? Enter your answer rounded off to two decimal points. Question 8 A project has the following cash flows. Assume an interest rate of 10%. What is the Equivalent Annual Annuity? Year Cash Flow 0 -$17,028 1 $5,672 2 $11,056 3 $10,319 4 $4,473 1 pts Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

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