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A company wishes to invest in a project with cash flows over 10 years. At the end of 10 years, it costs $1,496,000 to dismantle
A company wishes to invest in a project with cash flows over 10 years. At the end of 10 years, it costs $1,496,000 to dismantle the project equipment. The company's MARR is 17% per year. Use the ERR method ( = 17%) to determine whether the company should invest in this project. End of Year Net Cash Flow 0 - $528,000 0 - 10 + 191,000 10 - 1,496,000 Click the icon to view the interest and annuity table for discrete compounding when the MARR is 17% per year. .. The ERR is %. (Round to two decimal places.) According to the ERR method, the project economically acceptable
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