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You buy a new piece of equipment for $26,621, and you receive a cash inflow of $3,500 per year for 15 years. Use AppendixD for
You buy a new piece of equipment for $26,621, and you receive a cash inflow of $3,500 per year for 15 years. Use AppendixD for an approximate answer but calculate your final answer using the financial calculator method. What is the internal rate of return? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places
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