Question: This is my third attempt at posting this. I have yet to get the correct help. I am having trouble with this problem. I have

This is my third attempt at posting this. I have yet to get the correct help. I am having trouble with this problem. I have included the reference tables that we are required to use. I will also include notes from the book. There may be many ways to figure out the answers but the book requires us to use their methods. Two tutors have tried to help me prior but they were unsuccessful. I am using the textbook: Kimmel, Accounting: Tools for Decision Making, 5e. This is a problem from Chapter 24 Planning Capital Investments. It is E24-11. Please note the text in red. The question is asking for the ANNUAL RATE OF RETURN % for the investment rounded to 2 decimal places (EX: 10.50%)

QUESTION:

NOTES:

have included the reference tables that we are required to use. I will also include notes from the book. There may be many ways

TABLES:

to figure out the answers but the book requires us to use their methods. Two tutors have tried to help me prior but they

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