Consider the following information for a typical investment project with a service life of five years: What

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Consider the following information for a typical investment project with a service life of five years:Cash Flow Project Balance п -$1,000 -$1,000 $200 -$900 $490 -$500 $0 $550 3 -$100 4 -$100 $90 $200 2.

What interest rate is used in the project-balance calculation?

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