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Assume that a company putchased a new machine for $20.000 that has no salvage ate. The machine is expected to save the company $6.000 a

Assume that a company putchased a new machine for $20.000 that has no salvage ate. The machine is expected to save the company $6.000 a year In cash operating costs for seven years. What is the machines internal rate of retam? Multiple Choice 2 25% 19% 20%

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