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The following data pertain to an investment project:
Investment required
$34,055
Annual savings
$5,000
Life of the project
15 years
The internal rate of return is:
A) 12%
B) 14%
C) 10%
D) 8%
cost of bank loans del hawley owner of hawleys hardware is negotiating with first city bank for a 1-year loan of 50000.
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