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You have purchased a canning machine for $6,500.00. You expect the machine to save your company $1,425.00 each year for the next 10 years. What

You have purchased a canning machine for $6,500.00. You expect the machine to save your company $1,425.00 each year for the next 10 years. What is the IRR of the machine?

18.48%

16.30%

16.40%

17.58%

18.58%

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