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An investment of $65,500 in new equipment will generate income of $16,500 per year for 5 years. What is the RoR of this investment?

 

An investment of $65,500 in new equipment will generate income of $16,500 per year for 5 years. What is the RoR of this investment? Select one: O a. The RoR is between 8% and 9% O b. The RoR is between 4% and 5% c. The RoR is between 12% and 13% d. The RoR is between 24% and 25%

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