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PLEASE HELP ASAP!!!! ANSWER THE FOLLOWING QUESTION WITH THE PICTURES ATTACHED!! I cannot seem to figure out how to solve for the correct answer, please
PLEASE HELP ASAP!!!!
Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost $122,570, including freight and installation. Henrie's estimated the new machine would increase the company's cash inflows, net of expenses, by $34,000 per year. The machine would have a five-year useful life and no salvage value. Click here to view and Exhibit 148-2, to determine the appropriate discount factor(s) using table. Required: 1. What is the machine's internal' rate of return? (Round your answer to the nearest whole percentage, i.e, 0.123 should be considered as 12%.) 2. Using a discount rate of 12%, what is the machine's net present value? Interpret your results. 3. Suppose the new machine would increase the company's annual cash inflows, net of expenses, by only $32,330 per year. Under these conditions, what is the internal rate of return? (Round your answer to the nearest whole percentage, l,e. 0.123 should be considered as 12%.) Prrecel Valee or 51;(1+f)51 ANSWER THE FOLLOWING QUESTION WITH THE PICTURES ATTACHED!! I cannot seem to figure out how to solve for the correct answer, please do so and show work.
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