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Please show formulas used and workings a $100,000 investment yields an annual return of $11,730.82 the first year; thereafter, annual returns increase at an annual
Please show formulas used and workings
a $100,000 investment yields an annual return of $11,730.82 the first year; thereafter, annual returns increase at an annual rate of 6%. Based on a MARR of 8%, what is the discounted payback period for the investment? Click here to access the TVM Factor Table calculator. n=years Round entry to a whole numberStep by Step Solution
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