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A machine costs 30000 with 1000 trade in for old machine. Machine data: 8000 revenue; 3000 cash expenses; useful life 10 yrs; deprecation 2500 per

A machine costs 30000 with 1000 trade in for old machine. Machine data: 8000 revenue; 3000 cash expenses; useful life 10 yrs; deprecation 2500 per year. Simple rate of return is: 16.67%

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