of the following statements about the machine's internal rate of return is true? \begin{tabular}{ccccccccccc} & \multicolumn{8}{c}{} & \multicolumn{9}{c}{ Future Value of $1} & & & & \\ Periods & 4% & 6% & 8% & 10% & 12% & 14% & 16% & 18% & 20% \\ \hline 1 & 1.040 & 1.060 & 1.080 & 1.100 & 1.120 & 1.140 & 1.160 & 1.180 & 1.200 \\ 2 & 1.082 & 1.124 & 1.166 & 1.210 & 1.254 & 1.300 & 1.346 & 1.393 & 1.440 \\ 3 & 1.125 & 1.191 & 1.260 & 1.331 & 1.405 & 1.482 & 1.561 & 1.643 & 1.728 \\ 4 & 1.170 & 1.263 & 1.361 & 1.464 & 1.574 & 1.689 & 1.811 & 1.939 & 2.074 \\ 5 & 1.217 & 1.338 & 1.469 & 1.611 & 1.762 & 1.925 & 2.101 & 2.288 & 2.488 \\ 6 & 1.265 & 1.419 & 1.587 & 1.772 & 1.974 & 2.195 & 2.437 & 2.700 & 2.986 \\ 7 & 1.316 & 1.504 & 1.714 & 1.949 & 2.211 & 2.502 & 2.827 & 3.186 & 3.583 \\ 8 & 1.369 & 1.594 & 1.851 & 2.144 & 2.476 & 2.853 & 3.279 & 3.759 & 4.300 \\ 9 & 1.423 & 1.690 & 1.999 & 2.359 & 2.773 & 3.252 & 3.803 & 4.436 & 5.160 \\ 10 & 1.480 & 1.791 & 2.159 & 2.594 & 3.106 & 3.707 & 4.412 & 5.234 & 6.192 \end{tabular} \begin{tabular}{crrrrrrrrrr} & \multicolumn{7}{c}{ Future Value of a Series of $1 Cash Flows } \\ Periods & \multicolumn{1}{c}{4%} & \multicolumn{1}{c}{6%} & \multicolumn{1}{c}{8%} & \multicolumn{1}{c}{10%} & \multicolumn{1}{c}{12%} & \multicolumn{1}{c}{14%} & 16% & 18% & \multicolumn{1}{c}{20%} \\ \hline 1 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 & 1.000 \\ 2 & 2.040 & 2.060 & 2.080 & 2.100 & 2.120 & 2.140 & 2.160 & 2.180 & 2.220 \\ 3 & 3.122 & 3.184 & 3.246 & 3.310 & 3.374 & 3.440 & 3.506 & 3.572 & 3.640 \\ 4 & 4.247 & 4.375 & 4.506 & 4.641 & 4.779 & 4.921 & 5.067 & 5.215 & 5.368 \\ 5 & 5.416 & 5.637 & 5.867 & 6.105 & 6.353 & 6.610 & 6.877 & 7.154 & 7.442 \\ 6 & 6.633 & 6.975 & 7.336 & 7.716 & 8.115 & 8.536 & 8.977 & 9.442 & 9.930 \\ 7 & 7.898 & 8.394 & 8.923 & 9.487 & 10.089 & 10.730 & 11.414 & 12.142 & 12.916 \\ 8 & 9.214 & 9.898 & 10.637 & 11.436 & 12.300 & 13.233 & 14.240 & 15.327 & 16.499 \\ 9 & 10.583 & 11.491 & 12.488 & 13.580 & 14.776 & 16.085 & 17.519 & 19.086 & 20.799 \\ 10 & 12.006 & 13.181 & 14.487 & 15.938 & 17.549 & 19.337 & 21.321 & 23.521 & 25.959 \end{tabular} Multiple Choice The internal rate of return is greater than 20%. The internal rate of return is between 17% and 20%. The internal rate of return is less than 17%. The internal rate of return must be greater than 23%. There is insufficient information to make any judgment about the internal rate of return