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A project pays off exist2, 607 right away, has exist5, 030 in costs at the end of the second year and again pays off 3,

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A project pays off exist2, 607 right away, has exist5, 030 in costs at the end of the second year and again pays off 3, 753 at the end of the third year. If MARR is 12%, what is the project's approximate ERR? (Give your answer in percentages without % sign)

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