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The following information is available on a new piece of equipment: 21720 Cost of the Equipment Salvage Value 0 Annual Cash Inflows 5000 Internal Rate

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The following information is available on a new piece of equipment: 21720 Cost of the Equipment Salvage Value 0 Annual Cash Inflows 5000 Internal Rate of Return Required Rate of Return 16% 10% Using the IRR method, calculate the life of the equipment

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