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Crockin Corporation is considering a machine that will save $9,000 a year in cash operating costs each year for the next six years. At the end of six years it would have no salvage value. If this machine costs $33,165 now, the machine's internal rate of return is closest to (Ignore income taxes.):Use the table to determine the discount factor(s).IRR table.pdfDownload IRR table.pdfA) 19%B) 18%C) 16%D) 17%
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