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Answer the following question quickly, showing all work accordingly all all sections. What does the IRR rule advise regarding the payment arrangement? (Hint: Find the

Answer the following question quickly, showing all work accordingly all all sections. image text in transcribed

What does the IRR rule advise regarding the payment arrangement? (Hint: Find the monthly rate that will yield an effective annual rate of 15%.) What about the NPV rule? The annual IRR is \%. (Round to two decimal places.)

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