A company is considering the purchase of one of the following small devices: A 300 45 Initial Cost Uniform Annual benefit B 600 96 C 200 33 Each alternative has a 10-year useful life. The business uses an MARR of 9%. The Internal Rate of Return (IRR) of Incremental B-A is closest to: Write your answer in percentage % form to the nearest one decimal point (e.g., 12.3)

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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A company is considering the purchase of one of the following small devices:
A
B
300
600
45
96
Initial Cost
Uniform Annual benefit
C
200
33
Each alternative has a 10-year useful life. The business uses an MARR of 9%.
The Internal Rate of Return (IRR) of Incremental B-A is closest to:
Write your answer in percentage % form to the nearest one decimal point (e.g., 12.3)
Transcribed Image Text:A company is considering the purchase of one of the following small devices: A B 300 600 45 96 Initial Cost Uniform Annual benefit C 200 33 Each alternative has a 10-year useful life. The business uses an MARR of 9%. The Internal Rate of Return (IRR) of Incremental B-A is closest to: Write your answer in percentage % form to the nearest one decimal point (e.g., 12.3)
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