Question
(Ignore income taxes in this problem.) Your Company is considering a machine that will save $3,000 a year in cash operating costs each year for
(Ignore income taxes in this problem.) Your Company is considering a machine that will save $3,000 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 $14,301 now, the machine's internal rate of return is closest to:
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Auditors Guide To IT Auditing
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
