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he following data pertain to an investment project: Investment required $2,300,056 Annual savings $451,700 Life of project 15 years The internal rate of return for

he following data pertain to an investment project:

Investment required	$2,300,056
Annual savings	$451,700
Life of project	15	years

The internal rate of return for this project is _______.

You must enter your answer in the following format: xx%

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