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A local company is offering insulation that can reduce the heat loss by 80%, with...

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Accounting

A local company is offering insulation that can reduce the heat loss by 80%, with an installation cost of $170,000 now. They estimates that the heat loss through the exterior walls of her warehouse will cost approximately $40,000 per year. She intends to keep the warehouse for 10 years. If the cost of the heat loss increases by $3,000 per year, after next year, what is the IRR?

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