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3. 16.66 points value: A company is considering investing in a new machine that requires a cash payment of $57,950 today. The machine will generate
3. 16.66 points value: A company is considering investing in a new machine that requires a cash payment of $57,950 today. The machine will generate annual cash flows of $15,287 for the next five years. What is the internal rate of return if the company buys this machine? (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Amount Invested Annual Net Cash Floww Present Value Factor Internal Rate of Return
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