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5.2 42 Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION (5 marks)

5.2 42 Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION (5 marks) A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.

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