CALCULATOR FULL SCREEN PRINTER VERSION BACK Exercise 24-5 Your answer is partially correct. Try agai

CALCULATOR FULL SCREEN PRINTER VERSION BACK Exercise 24-5 Your answer is partially correct. Try again. Bruno 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 $440,100. 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 $101,050 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view pitable Calculate the internal rate of return on this new machine. (Round answer to o decimal places, e.. 10. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return Should the investment be accepted? The Investment should I be accepted Click if you would like to show Work for this question on howWack Question Attempts Unlimited

 

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