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Question 3 7 Points This data applies to questions 3 - 8: A company is looking to purchase a machine. The following information applies: Yr

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Question 3 7 Points This data applies to questions 3 - 8: A company is looking to purchase a machine. The following information applies: Yr O Cost 80,000 Yr 1 Inflow 18,000 Yr 2 Inflow 40,000 Yr 3 Inflow 32,000 Yr 4 Inflow 4,000 Scrap 6,000 What is the ARR of the machine using the initial investment method? ARR = X% - You need to enter the figure for X. You should round your answer to one decimal place. Do not show a % sign. Blank 1 Blank 1 Add your

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