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- 04.-A-6-year project is estimated to cost $350,000 and have no residual value. If the straight-line amortization method is used and estimated total net income

- 04.-A-6-year project is estimated to cost $350,000 and have no residual value. If the straight-line amortization method is used and estimated total net income is $126,000,-determine the average rate of return. ANS: 1

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