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INC purchased a new camera system for product inspection purposes. The purchase price of the system is $345,000. The annual revenues attributed to the system
INC purchased a new camera system for product inspection purposes. The purchase price of the system is $345,000. The annual revenues attributed to the system is 98,000 in 6 years, calculate the annual interest rate for his investment.
a. 13-15%
b.10-13%
c. 7-10%
d.15-18%
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