a company is considering a 5-year project. the company plans to invest $60,000 now and it forecasts cash flows for each year of $16,200. the company requires a hurdle rate of 12%. calculate the internal rate of return to determine whether it should accept this project. selected factors for a present value of an annuity of $1 for five years are shown below: interest rate present value of an annuity of $1 factor for year 5 10 % 3.7908 12 % 3.6048 14 % 3.4331