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Find what the amount of the annual net income is

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Reference no: EM132719307

Problem 1: A project that cost $90000 has a useful life of 5 years and a salvage value of $3000. The internal rate of return is 12% and the annual rate of return is 18%. The amount of the annual net income is

A. $8370.

B. $7830.

C. $5580.

D. $5220.

Reference no: EM132719307

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