3) Find the internal rate of return to the nearest per cent.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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parts assembly department. The equipment costs
Example 17: Big B Company is eyaluating a proposal
76,80,000 plus the companý would have to pay a 5%
years and is expected to produce cost savings of
and installation. The equipment has a useful life of 10
sales tax on the purchase and spend 720,000 for freight
Company's policy is not to fund any capital project
71,57,500 per year. There is no salvage value.
automated welding machine for its small
to e assembly department. The equipment costs
cales tax on the purchase and spend 720,000 for freight
whose internal rate of return is below the company's
16% cost of capital.
Required:
3) Find the internal rate of return to the nearest per
cent.
Transcribed Image Text:parts assembly department. The equipment costs Example 17: Big B Company is eyaluating a proposal 76,80,000 plus the companý would have to pay a 5% years and is expected to produce cost savings of and installation. The equipment has a useful life of 10 sales tax on the purchase and spend 720,000 for freight Company's policy is not to fund any capital project 71,57,500 per year. There is no salvage value. automated welding machine for its small to e assembly department. The equipment costs cales tax on the purchase and spend 720,000 for freight whose internal rate of return is below the company's 16% cost of capital. Required: 3) Find the internal rate of return to the nearest per cent.
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