A landscaping business will buy one of three rototillers. The initial cost, expected service life, and trade-in

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A landscaping business will buy one of three rototillers. The initial cost, expected service life, and trade-in value (at the end of the service life) of each model are presented in the following table. The annual profit from rototilling services is $1400.

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Which model should be purchased if the required return on investment is 20%?
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