QS 24-13 Internal rate of return LO P4 A company is considering investing in a new machine that requires a cash payment of $48,947 today. The machine will generate annual cash flows of $20,379 for the next three years. What is the internal rate of return if the company buys this machine? (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Amount Invested Annual Net Cash Flow Present Value Factor - Internal Rate of Return