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14. FKE Electronics manufactures addressable actuators in one of its plants in Melaka. The company believes that by investing RM 24,000 each year in years

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14. FKE Electronics manufactures addressable actuators in one of its plants in Melaka. The company believes that by investing RM 24,000 each year in years 1, 2, and 3, it will avoid spending RM 87,360 in year 3. If the company does make the annual investments, Determine the rate of return for this investment. Answer: 20% per year

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