Question
An investment of $715 for a special machine can give you an income of $20 per 6 months for the next 20 years. The machine
An investment of $715 for a special machine can give you an income of $20 per 6 months for the next 20 years. The machine has the salvage value of $1000. Find the effective or actual ROR of this investment/year, if MARR = 6%, will you implement this project.
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Free Dollar For College For Dummies
Authors: David Rosen, Caryn Mladen
1st Edition
0764554670, 978-0764554674
