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New windows are expected to save $400 per year in energy costs over their 30-year life for Fab Fabricating. At an initial cost of $8400
New windows are expected to save $400 per year in energy costs over their 30-year life for Fab Fabricating. At an initial cost of $8400 and zero salvage value, using IRR, are they a good investment? Fab's MARR is 7 percent. The IRR is percent, which is the MARR, so the new windows a good investment. (Round to one decimal place as needed.)
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