An investment that costs $79,100 will reduce operating costs by $14,000 per year for 10 years.
Required:
Determine the internal rate of return of the investment (ignoring taxes).Should the investment be undertaken if the required rate of return is 18 percent?

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The Answer of An investment that costs $79,100 will reduce operating costs by $14,000 per year for 10 years.
Required:
Determine the internal rate of return of the investment (ignoring taxes).Should the investment be undertaken if the required rate of return is 18 percent?

An Investment That Costs $79,100 Will Reduce Operating Costs by $14,000