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Super Deluxe Optics, Inc is constdering a new glass grinding machine that will cost 389,000 . They anticipate they will earn additional profits of $902.70

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Super Deluxe Optics, Inc is constdering a new glass grinding machine that will cost 389,000 . They anticipate they will earn additional profits of \$902.70 each month for 15 years due to cost savings. What is the IRR? Draw timeline. Consider what type of TVM problem is rellected in this cashiflow. Use the process that was used for Chapter 6 TVM problems that required you to find the interest fate. IRR is the interest rate (rate of return) used in the problem to equate the PV of the payments with the inital amount. [A]W No * sign. Whole value for your answer (no decimal places)

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