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Calculate the rate of return for the cash flow shown below: Cash flows Time (year) First cost, $ 23000 Annual benefit, $/yr 10000 3000 Annual

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Calculate the rate of return for the cash flow shown below: Cash flows Time (year) First cost, $ 23000 Annual benefit, $/yr 10000 3000 Annual operating cost, $/yr Salvage value, $ 6000 Life, years 6 The ROR is around: If the MARR = 14%, is this alternative accepted

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