View Policies Current Attempt in Progress Robert Williams is the CEO of Williams Industries. Robert is interested in purchasing new pollution abatement equipment because the current equipment is outdated and not efficient. The controller of the company has identified equipment that costs $106170 and will provide annual cash operating inflows of $28781 for 5 years. The equipment currently being used is 3 years old and could be sold for $2420 Periods 5 Interest rate 6% 8% Type of cash flow PV ordinary annuity PV ordinary annuity PV ordinary annuity PV ordinary annuity PV ordinary annuity 5 5 Factor 4.2124 3.9927 3.7908 3.6048 3.3522 10% 5 5 12% 15% What is the equipment's internal rate of return? 10% 12% B% 15% Save for Later Attempts:0 of 1 used Submit