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A project pays off $2,809 right away, has $5,249 in costs at the end of the second year and again pays off 3,997 at the

A project pays off $2,809 right away, has $5,249 in costs at the end of the second year and again pays off 3,997 at the end of the third year. If MARR is 25%, what is the project's approximate ERR?

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