Question: Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) A company is investing in

 Required information Use the following information for the Quick Study below.

Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $106,174.60 today. The system is expected to generate net cash flows of $10,048 per year for the next 35 years. The investment has zero salvage value. QS 24-16 Internal rate of return LO P4 Ces Compute the internal rate of return on this investment. (PV of $1. EV of $1. PVA of $1, and EVA of $) (Use appropriate factor(s) from the tables provided.) Amount Invested Annual Net Cash Flow Present Value Factor Internal Rate of Return

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