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2. Amigo Mobility, which manufactures battery powered mobility scooters, has $700,000 to invest. The company is considering three different battery projects that will yield the

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2. Amigo Mobility, which manufactures battery powered mobility scooters, has $700,000 to invest. The company is considering three different battery projects that will yield the following rates of return: Deep cycle = 28% Wet/flooded = 42% Lithium ion = 19% 2. Amigo Mobility, which manufactures battery powered mobility scooters, has $700,000 to invest. The company is considering three different battery projects that will yield the following rates of return: Deep cycle = 28% Wet/flooded -42% Lithium ion = 19% The initial investment required for each project is $200,000, $100,000, and $400,000, respectively. If Amigo's MARR is 15% per year and it invests in all three projects, what rate of return will the company make

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