Flak Company purchased a machine for $179,000. The machine has a life of twelve years with no salvage value. It is expected that the machine will generate annual net cash inflows of $25,000 per year over its useful life. Assume Flak Company employs a cost of capital of 14% on all capital investment projects. The internal rate of return (IRR) on the machine is closest to: You will need to use the preselt value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to weeks 13 and 14. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. 9% 10% 12% 14% 15% 16% Flak Company purchased a machine for $179,000. The machine has a life of twelve years with no salvage value. It is expected that the machine will generate annual net cash inflows of $25,000 per year over its useful life. Assume Flak Company employs a cost of capital of 14% on all capital investment projects. The internal rate of return (IRR) on the machine is closest to: You will need to use the preselt value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to weeks 13 and 14. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. 9% 10% 12% 14% 15% 16%