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a. 12s Present Value of Annuity of $1 begin{tabular}{cccccc|} Periods & 6% & 8% & 10% & 12% & 14% 3 & 2.6730 &

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a. 12s Present Value of Annuity of $1 \begin{tabular}{cccccc|} Periods & 6% & 8% & 10% & 12% & 14% \\ 3 & 2.6730 & 2.577 & 2.487 & 2.402 & 2.322 \\ 4 & 3.465 & 3.312 & 3.170 & 3.037 & 2.914 \\ 5 & 4.212 & 3.993 & 3.791 & 3.605 & 3.433 \\ 6 & 4.917 & 4.623 & 4.355 & 4.111 & 3.889 \\ 7 & 5.582 & 5.206 & 4.868 & 4.564 & 4.288 \\ 8 & 6.210 & 5.747 & 5.335 & 4.968 & 4.639 \\ 9 & 6.802 & 6.247 & 5.759 & 5.328 & 4.946 \\ 10 & 7.360 & 6.710 & 6.145 & 5.650 & 5.216 \end{tabular} GAB Manutacturing is evaluating investing in a new metai stamping machine costing $53,443. Ryker estimates that it will realize $13,000 in annual cash infows for each year of the machine 6 - year useful IIfe. The internat rate of return (IRR) for the machine is approximately: Present Value of $1 A. 6% B. 12% C. 10% D. 6%

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