View Policies Current Attempt in Progress Pharoah Enterprises is considering investing in a new packing machine. The new machine will provide annual cash operating inflows of $12500 for 5 years. The cost of the machine is $51280. The machine currently being used is 3 years old and could be sold for $1370. Type of cash flow Periods Interest rate Factor PV ordinary annuity 5 6% 4.2124 PV ordinary annuity 5 8% 3.9927 PV ordinary annuity 5 10% 3.7908 PV ordinary annuity 5 12% 3.6048 PV ordinary annuity 15% 3.3522 What is the machine's internal rate of return? O 12% 6% O8% O 10% eTextbook and Media