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The management of Zachery Corporation is considering the purchase of an automated molding machine that would cost $203,255, would have a useful life of 5

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The management of Zachery Corporation is considering the purchase of an automated molding machine that would cost $203,255, would have a useful life of 5 years, and would have no salvage value. The automated molding machine would result in cash savings of $65,000 per year due to lower labor and other costs. (lgnore income taxes). Click here to view Exhibit 128-1 and Exhiblt128-2, to determine the appropriate discount factor(5) using the tables provided: Required: Determine the internal rate of return on the investment in the new automated molding machine

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