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Average Rate of Retum Determine the average rate of return for a project that is estimated to yield total income of $542,880 over six years,

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Average Rate of Retum Determine the average rate of return for a project that is estimated to yield total income of $542,880 over six years, has a cost of $633,400, and has a $62,600 residual value. Round to the nearest whole number X% Feed Check My Work Divide the estimated average annual income by the average Investment. Investment cost plus residual value, divided by two, equals average Investment

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