Question: An investment that costs ( $ 2 4 6 , 8 2 5 ) will reduce operating costs by (

An investment that costs \(\$ 246,825\) will reduce operating costs by \(\$ 36,270\) per year for 11 years. Determine the internal rate of return of the investment (ignore taxes).(Round present value factor calculations to 4 decimal places, e.g.1.2151 and final answer to 0 decimal places, e.g.17\%.) Click here to view factor tables Should the investment be undertaken if the required rate of return is 13 percent? The investment be undertaken.
An investment that costs \ ( \ $ 2 4 6 , 8 2 5 \

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