Question
Management Accounting Main OSA 5.2 Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation.
Management Accounting Main OSA 5.2 Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. (5 marks) INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years. APPENDIX 1: PRESENT VALUE OF R1 Poff 4
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
