Business
Business, 09.11.2019 02:31, skittlesarebae6035

[problem 7-19] stitching to powder coating technology will reduce the emission of volatile organic carbons (voc) for a firm’s production process. the initial cost is $200,000 with annual cost of $50,000 and savings of $90,000 in the first year. savings are projected to increase by $3,000 annually after year 1. the salvage value 10 years from now is projected to be $30,000. what rate of return will the firm make on this investment?

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