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New windows are expected to save $440 per year in energy costs over their 30 -year life for Fab Fabricating. At an initial cost of

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New windows are expected to save $440 per year in energy costs over their 30 -year life for Fab Fabricating. At an initial cost of $9300 and zero salvage value, using IRR, are they a good investment? Fab's MARR is 8 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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