View Policies Current Attempt in Progress Mimi Company is considering a capital investment of $275,000 in new equipment. The equipment is expected to have a 5 year useful life with no salvage value. Depreciation is computed by the straight line method. During the life of the investment, annat income and cash inflows are expected to be $25,000 and $80.000, respectively. Mimi's minimum required rate of return is 10%. The present value of 1 for periods at 10% is 621 and the present value of an annuity of 1 for Speriods at 10% i 3791. Compute each of the following: Cash payback period. (Round answer to 2 decimal places.es 15.25) Cash payback period years eTextbook and Media Net present value Net present value $ e Textbook and Media Annual rate of return. (Round answer to 1 decimal places, s. 15.2) Annulate of retum eTextbook and Media