X Company is considering buying a new machine that will cost $148,500 and that will generate annual cash inflows of $24,870 for 8 years.

If the company buys the new machine, what is the internal rate of return (enter as a decimal, so 1% would be 0.01)?

X Company is considering buying a new machine that will cost $148,500 and that will generate annual cash inflows of $24,870 for 8 years. If the company buys the new machine, what is the internal rate of return (enter as a decimal, so 1% would be 0.01)? Submit Answer Tries 0/3