Multiple Choice




A new machine that costs $172,100 is expected to save annual cash operating costs of $40,000 over each of the next nine years.The machine's internal rate of return is:
A) approximately 14%.
B) approximately 16%.
C) approximately 18%.
D) approximately 20%.
E) some other figure not noted abovE.
Correct Answer:

Verified
Correct Answer:
Verified
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