Question 5 of 16 View Policies Current Attempt in Progress -12 1 Dinshaw Company is considering the purchase of a new machine. The invoice price of the machine is $69.120, freight charges are estimated to be $2.820. and Installation costs are expected to be $7.240. The annual cost savings are expected to be $14,300 for 9 years. The firm requires a 22% rate of return. Ignore income taxes. What is the internal rate of return on this investment? (Round answer to O decimal places, e.g. 15%) Click here to view PV table Internal rate of return Spye for Later % Attempts: 0 of 1 used Submit Answir