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use the information provided to calculate the internal rate of return(expressed to two decimal places) using interpolation information: A machine with a purchase price of

use the information provided to calculate the internal rate of return(expressed to two decimal places) using interpolation

information:

A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years

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