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A project has 3 years of profits of: 25,000, 35,000 and 15,000. The initial investment was 95,000 (with a disposal value of 5,000). What is
A project has 3 years of profits of: 25,000, 35,000 and 15,000. The initial investment was 95,000 (with a disposal value of 5,000). What is the Accounting Rate of Return (ARR) on the project?
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25%
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50%
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-10%
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55.56%
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