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bioboy12 bioboy12
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A year ago
Keltner Enterprises is considering investing in a new packing machine.  The new machine will provide annual cash operating inflows of $12,300 for 5 years.  The cost of the machine is $50,430.  The machine currently being used is 3 years old and could be sold for $1,320. What is the machine's internal rate of return?

Type of Cash FlowPeriodsInterest RateFactor
PV ordinary annuity56%4.2124
PV ordinary annuity58%3.9927
PV ordinary annuity510%3.7907
PV ordinary annuity512%3.6048
PV ordinary annuity515%3.3522


▸ 6%

▸ 8%

▸ 12%

▸ 10%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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boomers1234boomers1234
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A year ago
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bioboy12 Author
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A year ago
Thanks for your help!!
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Smart ... Thanks!
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2 hours ago
Just got PERFECT on my quiz
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