Info The internal rate of return method is used by Testerman Construction Coin rating appenditure proposal that notes an investment 1.045 net cash flow of $13.000 for each of the four years of its full Present Value of an Annuity of $at Compound Interest Year 104 15% 209 1 0.143 0.900 0.893 0.870 0.833 2 1.833 1.736 1.690 1,626 1.52 2-673 2.482 2.402 2.280 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4355 3.705 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 5.759 5.328 4,031 10 7.360 6.145 5.650 5.019 4.192 a. Determine a present value factor for an annuity of s1 which can be used in determining the internal rate of retum. If required, round your answer to three decimal places. 4.772 b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of return for the proposal Previous Next > Check My Work 3 more Check My Work uses remaining