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Suppose the cost of an investment is 12,000 and the annual return is 5,000 per year for three years. At the end of three years,

Suppose the cost of an investment is 12,000 and the annual return is 5,000 per year for three years. At the end of three years, the value of the equipment is zero. Calculate whether the investment will be profitable if the discount rate is 1. 5% 2. 10% 3. 20%

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