Quary Company is considering an investment in machinery with the following information. The company's required rate of return-is 12\%. (PV of \$1. FV of \$1, PVA of \$1, and EVA of \$1) (Use oppropriate factor(s) from the tables provided.) 8. wornpure ine investment's net present value b. Using the answer from part a, is the investment's internal rate of return higher or lower than 12% ? Hint: it is not necessary to compute the IRR to answer this question. Complete this question by entering your answers in the tabs below. Compute the investment's net present value. (Round your prasent value factor to 4 decimals. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Compute the investment's net present value. (Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Using the answer from part a, is the investment's internal rate of return higher or lower than 12% ? Hint: It is not necessary to compute the IRR to answer this question. Is the internal rate of return higher or lower than 12% ? TaHe B.4 Fufure Value of as Asmaity of 1 r=1(1+01] Toble B.5'Present Volue of an Annuity of 1 p=[l1M(1+i)]h Table B.2tFufure Valee of 1 f=(1+i)n Table B.1 Present Value of I p=1/(t+b)n