Use the modified rate of return approach with an investment rate of 18% per year and a

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Use the modified rate of return approach with an investment rate of 18% per year and a borrowing rate of 10% to find the external rate of return for the following cashflows.

Use the modified rate of return approach with an investment
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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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