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Wayne Company is considering a long-term investment project called ZIP. ZIP wil require an investment $123,600. It will have a useful life of 4 years

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Wayne Company is considering a long-term investment project called ZIP. ZIP wil require an investment $123,600. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase b $86,400, and annual cash outflows would increase by $45,200. The company's required rate of return is 12%. Click here to view PV table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, eg, 15% Internal rate of return on this project is between Determine whether this project should be accepted? The project 96 and be accepted

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