Question 6 of 7 -/105 View Policies Current Attempt in Progress Blue Spruce 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 $173.000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $33,229. Click here to view the factor table. What is its approximate internal rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124 and final answers to O decimal places, e.g. 16%.) Internal rate of return % e Textbook and Media Sa forster Attempts: 0 of 4 used Submit Ansver Current Attempt in Progress Splish Company is considering a long-term investment project called ZIP ZIP will require an investment of $130,000. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $79,000, and annual cash outflows would increase by $39,200. In addition, the company's required rate of return is 9%. Click here to view the factor table, (a) Calculate the net present value on this project (If the answer is negative, use either a negative sign preceding the number eg -5,275 or parentheses es. (5,275). For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124 and final answer to O decimal places, eg. 5,275.) Net present value $ Identify whether the project should be accepted or rejectcol The project should be v (6) Calculate the Internal care of return on this poel (Round anwer co i decimal place eg 5.2%) Internal rate return centio whether the corect should be led beter The role arch om @ 11C Mostly cloudy