Switching to powder coating technology will reduce the emission of volatile organic carbons (VOC) for...
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Switching to powder coating technology will reduce the emission of volatile organic carbons (VOC) for a firm's production process. The initial cost is $200000 with the annual cost of $50000 and savings of $90000 in the first year. Savings are projected to increase by $3000 annually after the first year. The salvage value 10 years from now is projected to be $30000.
1. what rate of return will the firm make on this investment?
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