Internal Rate of Return Method Fogrets Talle The internal rate of return method is used by...

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Internal Rate of Return Method Fogrets Talle The internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal that involves an investment of $90,668 and annual net cash flows of $19,000 for each of the nine years of its useful life. Present Value of an Annulty of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 S 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 10 7.360 6.145 5.650 5.019 4.031 4.192 a. Determine a present value factor for an anity of $1 which can be used in determining the internal rate of return. If required, round your answer to three decimal places. b. Using the foctor determined in part (a) and the present value of an annuity of $1 table above, determine Chrome-now Low-power charger connected Internal Rate of Return Method Fogrets Talle The internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal that involves an investment of $90,668 and annual net cash flows of $19,000 for each of the nine years of its useful life. Present Value of an Annulty of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 S 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 10 7.360 6.145 5.650 5.019 4.031 4.192 a. Determine a present value factor for an anity of $1 which can be used in determining the internal rate of return. If required, round your answer to three decimal places. b. Using the foctor determined in part (a) and the present value of an annuity of $1 table above, determine Chrome-now Low-power charger connected