Requirement $1.$ Calculate $($a$)$ net present value, $($b$)$ payback period, and $($c$)$ internal rate of return.

a$.$ Net present value. $($Use factors to three decimal places,

X$.$XXX$.$ Round intermediary calculations and your final answer to the nearest whole dollar.$)$

The net present value is

b$.$ Payback period. $($Round your answer to two decimal places.$)$

The payback period in years is

c$.$ Internal rate of return. $($Round intermediary calculations to the nearest whole dollar and round the IRR to two decimal places, X$.$XX$\%.)$

Requirements

Calculate $($a$)$ net present value, $($b$)$ payback period, and $($c$)$ internal rate of return.

Calculate accrual accounting rate of return based on net initial investment.