Question 2 of 7 -/1 = View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $174,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $33,420. Click here to view PV table. What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 125.) Internal rate of return % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit