Manuela is looking into purchasing a building for her new business. The building would cost $350,000 and have a life of 20 years. The building would have a salvage value of $40,000. She is estimating that the net operating cash flows will be $25,000. Determine the internal rate of return (IRR) and simple payback period of the building if the business will be subject to a 21% tax rate. (Calculate IRR using excel, round to the nearest 2 decimals)

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The Answer of Manuela is looking into purchasing a building for her new business. The building would cost $350,000 and have a life of 20 years. The building would have a salvage value of $40,000. She is estimating that the net operating cash flows will be $25,000. Determine the internal rate of return (IRR) and simple payback period of the building if the business will be subject to a 21% tax rate. (Calculate IRR using excel, round to the nearest 2 decimals)

Manuela Is Looking into Purchasing a Building for Her New