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Determine expected average rate of return for each proposal

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Reference no: EM132960130

                                                      3D Printer                 Truck

Amount of investment.               $48,000               $92,000

Useful life.                                   4 years               5 years

Estimated residual value.                       0                     0

Estimated total income over the useful life. $3,840        $17,250

Problem 1: Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

Reference no: EM132960130

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