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An investment in a new handling equipment would cost $80,000 and save $20,000 per year for 5 years. What is the nominal annual interest rate

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An investment in a new handling equipment would cost $80,000 and save $20,000 per year for 5 years. What is the nominal annual interest rate earned in this investment. a. i=8/o b. i=3.7/o c. i=4.7/o d. i=2.7/o

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