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15- investment project: Investment required in equipment ..... $400,000 Annual cash inflows ............. $80,000 Salvage value S-0- Life of the investment ... ..... 10 years

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15- investment project: Investment required in equipment ..... $400,000 Annual cash inflows ............. $80,000 Salvage value S-0- Life of the investment ... ..... 10 years Discount rate 10% The simple rate of return on the investment is closest to: A. 5%. O B. 10%. O C. 15%. . D. 20%. O

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