What the internal rate of return on the investment


Valdivieso Roofing is considering the purchase of a crane that would cost $137,885, would have a useful life of 9 years, and would have no salvage value. The use of the crane would result in labor savings of $23,000 per year. what the internal rate of return on the investment in the crane is closest to:

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Accounting Basics: What the internal rate of return on the investment
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