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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 wilf 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 wilf cost $177,000, has an estimated uselut life of 7 years, a salvage value of zero, and will increase net annual cash flows by $35,168. Click here to view the factor table: What is its aporoximate internal rate of return? (Round answer to o decimal pioce, es. 13\%) Internal rate of return x

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