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A company purchase a new bulldozer and it paid 75,000 JD and it estimated the market value of the bulldozer after 15 years is 10,000 JD. Annual revenue to the new bulldozer will be 20,000 JD. Whereas additional annual expenses is 9,000 JD. You have asked to determine the IRR and ERR of this new bulldozer and to make the recommendation, the corporations MARR is 20%