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5. Compute rate of return (RoR) based on the following information Initial cost: normally distributed with mean of $30,000 and standard deviation of $400 .
5. Compute rate of return (RoR) based on the following information Initial cost: normally distributed with mean of $30,000 and standard deviation of $400 . Annual benefit: triangularly distributed with min of 5,000, mode of 10,000, and max of 12,000 Salvage value: 10% of initial cost Useful life: discrete uniformly distributed over 5 to 7 years
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