Question

An $8200 investment returned $2000 per year over a 5-year useful life. What was the rate...

An $8200 investment returned $2000 per year over a 5-year useful life. What was the rate of return on this investment? •

What should you do if your MARR is 8%? •

What should you do if you MARR is 7%? •

What should you do if your MARR is 6%?

Please use both Trail and Error and Computer Solution methods to solve this problem.

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