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Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost

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Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $177,000, has a estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $35,168.Click here to view PV table. What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 125.) Internal rate of return Internal rate of return

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