Question: Question 4 A project proposal aims to spend an initial investment on information technology and $20,000 cost a year to maintain it for Answer saved

 Question 4 A project proposal aims to spend an initial investment

Question 4 A project proposal aims to spend an initial investment on information technology and $20,000 cost a year to maintain it for Answer saved four years. The return is $50,000 per year in terms of labor savings and extra profit generated. Determine the internal rate of Marked ouc of retum if an initial investment of 70,000 is required. 1.00 F Hlag Selectone: question a. 26.58% b. 5.68% 8.68% 5.68%

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