Question
A utility vehicle is purchased for $40,000, kept for 4 years, and sold for $20,000. Annual operating and maintenance cost $35,000 per year. Using a
A utility vehicle is purchased for $40,000, kept for 4 years, and sold for $20,000. Annual operating and maintenance cost
$35,000 per year. Using a 10% minimum attractive rate of return, determine the External Rate of Return (ERR).
Options are :
24.21% 22.32% 20.05% 18.01% 22.00% 21.93% 19.57% 20.74% 23.54% 25.69% 23.15% 28.32% 26.71%
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Management Systems Auditing A Practitioners Guide To Quality And Management Systems Audit
Authors: Dr Warren Doudle
1st Edition
B0C6W3G4W4, 979-8397130271
