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GreenTech Solutions is considering an environmental project to reduce emissions from its manufacturing facility. The company estimates that by investing $40,000 each year for the
GreenTech Solutions is considering an environmental project to reduce emissions from its manufacturing facility. The company estimates that by investing $40,000 each year for the next five years in emission control technologies, it will avoid a hefty fine of $500,000 from regulatory authorities at the end of year 5 due to noncompliance with emission standards. If GreenTech proceeds with these annual investments, what rate of return will it achieve on this environmental project
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