Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using inte
Posted: Wed Jul 06, 2022 10:12 am
Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION (5 marks) A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.