What interest rate was used in the calculation

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Reference no: EM131581767

The business plan for Knowlt, LLC, a start-up company that manufactures portable multigas detectors, showed equivalent annual cash flow of $400,000 for the first 5 year, If the cash flow in year 1 was $311,000 and the constant increase thereafter was $50000 per year, what interest rate was used in the calculation? The interest rate used in the calculation was.

Reference no: EM131581767

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