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A project that cost $75,000 has a useful life of 5 years and a salvage value of $3,000. The internal rate of return is 12%
A project that cost $75,000 has a useful life of 5 years and a salvage value of $3,000. The internal rate of return is 12% and the annual rate of return is 18%. The amount of the annual net income was.
| $6,480. |
| $4,680. |
| $7,020. |
| $4,320. |
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