Question: table [ [ Project , Investment, table [ [ Annual ] , [ Income ] ] , table [ [ Life of
tableProjectInvestment,tableAnnualIncometableLife ofProject$$ years years years
Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Crane Company uses the straightline method of depreciation.
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Determine the internal rate of return for each project. Round answers decimal places, eg For calculation purposes, use decimal places as displayed in the factor table provided.
tableProjecttableInternal Rate ofReturn
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