a.) A machine is under consideration that would cost $43,500, save $7,800 per year in cash operating costs, and have an expected life of 15 years with zero salvage value. The simple rate of return is approximately: (Round your answer to 2 decimal places.)

11.26%.

6.67%.

b.) If a project does not have constant incremental revenues and expenses over its useful life, the simple rate of return will fluctuate from year to year.

True/False?

c.) Hamell Company has gathered the following data on a proposed investment project:

Discount rate	8%
Life of the project	8 years
Initial investment	$426,400
Annual cash inflows	82,000
Salvage value	0

The payback period for the proposed investment is closest to (Round your answer to 2 decimal places.):

2.99 years.

5.20 years.

A project with a 8-year life has tangible costs and benefits with a $132,000 negative net present value. The companys discount rate is 10%. The amount of annual cash inflow would have to be provided by the projects intangible benefits in order for the project to be acceptable is (Round your intermediate calculation to 3-decimals and final answer to the nearest dollar amount.):

$24,742.

$13,200.