Question: Hello, Erickson is considering a project with an initial cost of $623,000. The project will produce cash inflows of $32,900 monthly for 21 months. What

Hello,

Hello, Erickson is considering a project with an initial cost of $623,000.

Erickson is considering a project with an initial cost of $623,000. The project will produce cash inflows of $32,900 monthly for 21 months. What is the annual rate of return on this project? ? 11.52% O 16.59% ? 18.44% o 13.59% ? 17.42%

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