Consider the investment project with net cash flows shown. Calculate RIC at an MARR of 18%. Enter as a percentage without the percent sign. For instance, if your answer is 10.23%, enter as 10.23. n Net Cash Flow 0 -$8000 1 $10000 2 $30000 3 -$40000

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 6E
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Consider the investment project with net cash flows shown. Calculate RIC at an MARR of 18%. Enter as a percentage without the percent sign. For instance, if your answer is 10.23%, enter as 10.23.

n Net Cash Flow
0 -$8000
1 $10000
2 $30000
3 -$40000
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