Question: View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a
View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $162,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $33.276. Click here to view PV table What is its approximate internal rate of return? (Round answer to 0 decimal place, eg. 13%) % Internal rate of return
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