Internal Rate of Return (IRR) Present Value of $1 at Compound Interest Periods 4.0% 4.50% 5.0% 5.50% 6.0% 6.50% 7.0% 7.50% 8.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.93023 0.92593 2 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.87344 0.86533 0.85734 3 0.88900 0.87630 0.86384 0.85161 0.83962 0.82785 0.81630 0.80496 0.79383 4 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.76290 0.74880 0.73503 5 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.71299 0.69656 0.68058 6 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.66634 0.64796 0.63017 7 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.62275 0.60275 0.58349 8 0.73069 0.70319 0.67684 0.65160 0.62741 0.60423 0.58201 0.56070 0.54027 9 0.70259 0.67290 0.64461 0.61763 0.59190 0.56735 0.54393 0.52158 0.50025 10 0.67556 0.64393 0.61391 0.58543 0.55839 0.53273 0.50835 0.48519 0.46319 Present Value of an Annuity of $1 at Compound Interest Periods 4.0% 4.50% 5.0% 5.50% 6.0% 6.50% 7.0% 7.50% 8.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.93023 0.92593 2 1.88609 1.87267 1.85941 1.84632 1.83339 1.82063 1.80802 1.79557 1.78326 3 2.77509 2.74896 2.72325 2.69793 2.67301 2.64848 2.62432 2.60053 2.57710 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 3.34933 3.31213 5 4.45182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 4.04588 3.99271 6 5.24214 5.15787 5.07569 4.99553 4.91732 4.84101 4.76654 4.69385 4.62288 7 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 5.29660 5.20637 8 6.73274 6.59589 6.46321 6.33457 6.20979 6.08875 5.97130 5.85730 5.74664 9 7.43533 7.26879 7.10782 6.95220 6.80169 6.65610 6.51523 6.37889 6.24689 10 8.11090 7.91272 7.72173 7.53763 7.36009 7.18883 7.02358 6.86408 6.71008 Use the information below and the tables above to determine the Internal Rate of Return (IRR) on the proposed investment. Cost of New Equipment Annual Net Cash Flows $15,000.00 $3,658.36 Life 5 years PV of an Annuity Factor i=IRR; n=5 (round to 5 places past decimal) Internal Rate of Return IRR (show rate to I place past decimal) %