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Use the ERR method to evaluate the economic worth of the diagram shown below. The value of the external reinvestment rate, e, is 8% per

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Use the ERR method to evaluate the economic worth of the diagram shown below. The value of the external reinvestment rate, e, is 8% per year. The MARR 11% per year. Click the icon to view the diagram for cash flows Click the icon to view the interest and annuity table for discrete compounding when the MARR is 8% per year. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 1 1 % per year The ERR of the investment discussed is 9.2%. (Round to one decimal place.) More Info $3,500 EOY 5 8 A-$128 per year $1,700

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