INFORMATION Leo Limited intends purchasing a new machine and has a choice between two machines viz. Machine A and Machine B. The following forecasts were made pertaining to these two machinas: APPENDIX 1: PRESENT VALUE OF R1 APPENDIX 2 : PRESENT VALUE OF A REGULAR ANNUITY OF R1 PER PERIOD FOR N PERIODS Use the information given below to answer the following questions. Where applicable, use the present value tables provided in APPENDICES 1 and 2 that appear after QUESTION 5 (bottom of the question papen). 5.1 Calculate the Payback Period of Machine A (expressed in years. months and days). (3 marks) 5.2 Calculate the Accounting Rate of Return (on average investment) of Machine A (expressed to two decimal places). (4 marks) 5.3. Calculate the Net Present Value of Machine A. (3) maris) 5.4 Calculate the Benefit Cost Ratio of Machine 8 (expressed to two decimal places). (4 marks) 5.5. Based on your answer in question 5.4, should Machine B be favourably considered for acceptance? Motivate your answer: (1 marks) 5.6 Calculate the Intemal Rate of Return of Machine 8 (expressed to two decimal places) using interpolation