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A client has come looking for some design work associated with an entrepreneurial venture they have started. Based on many hours of negotiating you have
A client has come looking for some design work associated with an entrepreneurial venture they have started. Based on many hours of negotiating you have come up with the following cash flow diagram which best represents their ability to make payments over the next few months and your estimate of costs. Your MARR is 6% per year. Use a precise ERR approach to calculate the rate of return for the project. Express your answer on an equivalent annual basis. Is this a good project to take on
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