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24. 8 thank you A company is considering investing in a new machine that requires an initial investment of $38,188. The machine will generate annual

24. 8
thank you

A company is considering investing in a new machine that requires an initial investment of $38,188. The machine will generate annual net cash flows of \$16,725 for the next three years. What is the internal rate of return of this machine? (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.)

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