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You have purchased a canning machine for $6,500. You expect the machine to save your company $1,425 each year for the next 10 years. What

You have purchased a canning machine for $6,500. You expect the machine to save your company $1,425 each year for the next 10 years. What is the IRR of the machine?

18.48%

18.58%

17.58%

16.30%

16.40%

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