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A company projects an increase in net income of $157500 each year for the next five years if it invests s900000 in new equipment. The

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A company projects an increase in net income of $157500 each year for the next five years if it invests s900000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $300000. wWhat is the annual rate of returm on this investment? 17.59 o 32.8% 0 26.3% o 30.0% The amount you must deposit now in your savings account, paying 5% interest, in order to accumulate $15000 for your first tuition payment when you start college in 3 years is O $12150. O $13180. $12958 O $12820

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