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A project is estimated to cost $262,015 and provide annual net cash flows of $65,000 for nine years. Present Value of an Annuity of $1

A project is estimated to cost $262,015 and provide annual net cash flows of $65,000 for nine years. Present Value of an Annuity of $1 at Compound Interest Determine the internal rate of retum for this project, using the Present Value of an Annuity of $1 at Compound Interest table shown above

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