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Crockin Corporation is considering a machine that will save $9,000 a year in cash operating costs each year for the next six years. At
Crockin Corporation is considering a machine that will save $9,000 a year in cash operating costs each year for the next six years. At the end of six years, it would have no salvage value. If this machine costs $33,165 now, the machines internal rate of return is closest to (use one or both of the present value tables included in your Formula Sheets): 16% 17% 18% 19%
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