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accounting 2 just one wrong answer on this i need help with A company is considering investing in a new machine that requires a cash
accounting 2 just one wrong answer on this i need help with
A company is considering investing in a new machine that requires a cash payment of $59,949 today, The machine will generate annual cash flows of $26,257 for the next three years. What is the internal rate of return if the company buys this machine? (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Answer is complete but not entirely correct. Amount Invested Annual Net Cash Present Value Flow Factor 59,949 26.256 2.2832 Find this factor on the appropriate table to estimate the Internal Rate of Return n 3 Intomal Rate of 15% Return Step by Step Solution
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