4:06 PM Sun Apr 7 ... < > AA ezto.mheducation.com DeVry Studen... Week 6: Hom... M McGraw Hill -... x Question 5 -... Week 6: Homework i Saved ChatGPT + 94% Magic Village... Help Save & Exit Submit Check my work 5 5 points Problem 12-13 (Algo) Internal rate of return [LO12-4] Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $70,000. The annual cash inflows for the next three years will be: Year 1 2 eBook 3 Print References Cash Flow $ 35,000 33,000 28,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method. a. Determine the internal rate of return. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Mc Graw Hill Internal rate of return % b. With a cost of capital of 18 percent, should the equipment be purchased? Yes No Prev 5 of 9 Next >