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Pythagoras Songs is considering an investment of $16,604 that will return $3,000 per year for 8 years. What is the IRR(internal rate of return) is?

Pythagoras Songs is considering an investment of $16,604 that will return $3,000 per year for 8 years.

What is the IRR(internal rate of return) is?

What is the payback period for this project?


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