undefined

The MARR 12% per year. The reinvestment rate, = 8%. Use External Rate of Return (ERR) method for feasibility check. $1,500 $1,500 $1,500 $1,500 $1,500 1 5 6 7 8 9 4 End of Year $5,000 Internal rate of return (IRR) of the project is equal to External rate of return (ERR) of the project is equal to This project is selectedot selected because SOLUTION