Question: The Crispy Chicken Cafe is considering a project which has an initial cash requirement of $220,000. The project will yield cash flows of $2,800 monthly

The Crispy Chicken Cafe is considering a project which has an initial cash requirement of $220,000. The project will yield cash flows of $2,800 monthly for 96 months. What is the annual rate of return on this project? 4.2 percent 43 percent 0.27 percent 5.14 percent 6.39 percent

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