Question: Please solve with all the steps and answer correctly please Question 2 15 pts We have the following information regarding three machines. Machine X $87,516

 Please solve with all the steps and answer correctly please Question

Please solve with all the steps and answer correctly please

Question 2 15 pts We have the following information regarding three machines. Machine X $87,516 Machine Y $68.952 $12,000 Machine Z $44,272 Purchasing cost Annual savings Useful Life $13,000 $8,000 8 Assume MARR - 6%. We would like to use the internal rate of return method to determine the winner. Compute the internal rate of return for the "incremental project obtained from the best two projects. Report your answer in 0.xxxx format not in percentage. (Hint: Until the last step (where you build the "incremental project and compute its internal rate of return), you do not need any interpolation. If your computations are correct, you should be able to directly find the individual internal rates of return from the compounding tables. Then, use MARR to determine the best two projects to build the incremental project)

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