Question: TABLE 1 Future Value of 1 TABLE 3 Present Value of 1 Blossom Corporation is involved in the business of injection molding of plastics. It

plastics. It is considering the purchase of a new computer-aided design and

manufacturing machine for $420,000. The company believes that with this new machine

it will improve productivity and increase quality, resulting in an increase in

TABLE 1 Future Value of 1 TABLE 3 Present Value of 1 Blossom Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $420,000. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $102,155 for the next 6 years, Management requires a 10% rate of return on all new investments. Click here to view PV table. Calculate the internal rate of return on this new machine. (Round answer to 0 decimal places, eg. 13\%. For calculation purposes, use 5 decimal places as displaved in the factor table provided.) Internal rate of return Should the investment be accepted? The investment be accepted. TABLE 2 Future Value of an Annuity of 1 TABLE 4 Present Value of an Annuity of 1

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