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Following is a table for the present value of $1 at compound Interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.792

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Following is a table for the present value of $1 at compound Interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.792 3 0.840 0.751 0.683 4 0.792 0.712 0.636 0.567 5 0.747 0.621 Following is a table for the present value of an annuity of St at compound interest Year 5% 10% 12% 1 0.943 0.909 0.893 2 1.833 1,736 1,690 3 2.482 2.402 4 3.465 3.037 S 4.212 32791 3,605 Using the tables provided, the internal rate of return of an investment of 210,000 that would generate an annual cash innow of $50,000 for the next 5 years in 0. b. 3.170

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