Amount of the average investment for a proposed investment

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The amount of the average investment for a proposed investment of $90,000 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $21,600 for the 4 years, is:

A) $10,800

B) $21,600

C) $ 5,400

D) $45,000

Reference no: EM13827042

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