What is the IRR of the equipment

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1. Southside Rehabilitation Center wants to buy a piece of equipment for $20,000 with projected cash flows of $8,000 per year during the equipment's six-year useful life. What is the IRR of the equipment?

2. Community Hospital wants to buy equipment for $30,000 with projected cash flows of $7,000 per year during the equipment’s six-year useful life. What is the payback period?

3. What is the present value of $125,000, discounted at 8 percent annually for 7 years?

Reference no: EM131892616

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