Yappy Company is considering a capital investment of $320,000 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expcted to be $25,000 and $65,000, respectively. Yappy requires a 10% return on all new investments. The Present Value of an Annuity of 1 for 8 periods for the following return rates are below: 8%-5.747 9%-5.535 10%-5.335 11%-5.146 12%-4.968 15%-4.487 Compute the following: 1. Cash Payback Period (e.g. 2.63 years) Compute the Net Present Value (e.g $10,000) D | Question 10 Compute the APPROXIMATE Internal Rate of Return (e.g. 15%) Question 11 Compute the Annual Rate of Return (eg, 10.25%)