Force Once started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit Completion Remaining Time: 1 hour, 12 minutes, 11 seconds. Question Completion Status: A Moving to another question will save this response. Question 11 Sound Pty Ltd is considering investing in a new machine to assemble its new product line of high quality portable speakers. The machine is estimated to cost $124,000 which can lam it becomes unreliable and can be sold for scrap at $12,000. The project is estimated to bring in additional $40,000 net cash inflow annually with an expected annual 2% growth from net cash flow in year 5 also includes the scrap value. The company plans to fund the purchase of the new machine using a bank loan with an interest rate of 10% Type in 20.00 (two decimal places) for 20% 96 Case sensitive. a. What is the ARR for this project? 15.74 years. Case sensitive. Type in 7.00 (two decimal places) for 7 years b. How long is the payback period for this project? 3.07 Case sensitive. Type in 120,000.00 (two decimal places) for $120,000.00. c What is the NPV for this project? S 4960.10 Case sensitive. Type in 20.00 (two decimal places) for 20% 96 11.82 d. What is the IRR for this project? Moving to another question will save this response Force Once started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit Completion Remaining Time: 1 hour, 12 minutes, 11 seconds. Question Completion Status: A Moving to another question will save this response. Question 11 Sound Pty Ltd is considering investing in a new machine to assemble its new product line of high quality portable speakers. The machine is estimated to cost $124,000 which can lam it becomes unreliable and can be sold for scrap at $12,000. The project is estimated to bring in additional $40,000 net cash inflow annually with an expected annual 2% growth from net cash flow in year 5 also includes the scrap value. The company plans to fund the purchase of the new machine using a bank loan with an interest rate of 10% Type in 20.00 (two decimal places) for 20% 96 Case sensitive. a. What is the ARR for this project? 15.74 years. Case sensitive. Type in 7.00 (two decimal places) for 7 years b. How long is the payback period for this project? 3.07 Case sensitive. Type in 120,000.00 (two decimal places) for $120,000.00. c What is the NPV for this project? S 4960.10 Case sensitive. Type in 20.00 (two decimal places) for 20% 96 11.82 d. What is the IRR for this project? Moving to another question will save this response