Average Rate of Return Determine the average rate of return for a project that is estimated to yield total income of $330,750 over three years, has a cost of $758,500, and has a $123,500 residual value. %

Determine the average rate of return for a project that is estimated to veid total income of $330,750 over three vears, has a cost of $758,500, and has a $123,500 residual value