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Problem 4 - Internal rate of return A project is estimated to cost $ 3 1 6 , 4 8 0 and provide annual net

Problem

4 -

Internal rate of return

A project is estimated to cost $

316, 480

and provide annual net cash flows of $

43, 000

for

10

years.

Present Value of an Annuity of $

1

at Compound

Interest

Determine the internal rate of return for this project, using the Present Value of an

Annuity of $

1

at Compound Interest table shown above.

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