With an initial investment of $6549.32 in a new machine, you will provide your company with $4000 more incoming dollars over the next four years. However, over those four years, the maintenance of the machine will cost $800 per year. Also, in year 2 a refit of the machine will cost $5,100. What is the rate of return?

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Incras tovRstrment 654932 Annual Revenues 4o00 Annual Maenfenanc... View the full answer