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3. The CMU Hotel buys a machine for S30,000 and expects a retun of $7,155.64 per year for the next 10 years. What is the

3. The CMU Hotel buys a machine for S30,000 and expects a retun of $7,155.64 per year for the next 10 years. What is the expected rate of return? Explain how to seive it (Shew wort)

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