Internal Rate of Return (expressed to two decimal places) if the net cash flows generated...

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Accounting

Internal Rate of Return (expressed to two decimal places) if the net cash flows generated by the machine are R320 000 per year for five years and the scrap value is R50 000. Your answer must include two net present value calculations (using consecutive rates/percentages) and interpolation. (Recommended: Use present value table 2 for R320 000 per year and present value table 1 for R50 000.)

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