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The contractor of the UGBS graduate school requested at the time that $100,000 be spent on software and hardware to improve the efficiency of the
The contractor of the UGBS graduate school requested at the time that $100,000 be spent on software and hardware to improve the efficiency of the Central AC systems. This he claimed would save UGBS $5,000 per year for 10 years in electricity costs and $100,000 at the end of 10 years in equipment refurbishment costs. Find the rate of return (i.e. IRR)
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