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The following data pertain to an investment project (Ignore income taxes.):Investment required$ ...

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The following data pertain to an investment project (Ignore income taxes.):Investment required$ ...

The following data pertain to an investment project (Ignore income taxes.):

Investment required	$ 34,055
Annual savings	$5,000
Life of the project	15	years

Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.

The internal rate of return is closest to:

▸ 12%

▸ 14%

▸ 10%

▸ 8%

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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nancy123

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More solutions for this book are available here

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mahan1994 Author

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9 months ago

Thanks for your help!!

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Thanks

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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