Question 10 0.3125 points Save Answer Reece Corporation is considering the purchase of a machine that would cost $24.388 and would have a useful life of 6 years. The machine would generate $5600 of net annual cash inflows per year for each of the 6 years of its life The internal rate of return on the machine would be closest to: Present Value of $1 Periods 8% 0.735 0 681 10% 0.683 0.621 0 564 0.513 0.467 0.424 12% 0.636 14% 0.592 4 5 0.567 0.519 6 0630 0.583 0.540 0500 0.463 Present Value of Annuity of $1 8% 3.312 3.993 4.623 5206 5.747 6 247 6710 0.507 0.452 0.404 0.361 0.322 0.456 7 0.400 8 0.351 9 0.308 10 0.386 0 270 Periods 10% 3.170 3.791 4.355 4.868 14% 2914 3.433 12% 3.037 3.605 4 5 6 4.111 3.889 7 4.564 4.968 5.328 5.650 4.288 4.639 4.946 5216 5.335 5.759 6 145 10 O 8% O 6 % 10% 12%