4. The amount of the average investment for a proposed investment of $115,000 in a fixed asset...
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Question:
4. The amount of the average investment for a proposed investment of $115,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $23,800 for the 4 years is
a.$28,750
b.$5,950
c.$23,800
d.$57,500
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