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A project is estimated to cost ( $ 390,740 ) and provide annual net cash flows of ( $ 70,000 ) for seven years. Present

image text in transcribed A project is estimated to cost \\( \\$ 390,740 \\) and provide annual net cash flows of \\( \\$ 70,000 \\) for seven years. Present Value of an Annuity of \\( \\$ 1 \\) at Compound Interest Determine the internal rate of return for this project, using the Present Value of an Annuity of \\( \\$ 1 \\) at Compound Interest table shown above. X \\%

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