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Average rate of return Determine the average rate of return for a project that is estimated to yield total income of $241,680 over 4 years,

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Average rate of return Determine the average rate of return for a project that is estimated to yield total income of $241,680 over 4 years, has a cost of $559,700, and has a $76,300 residual value. Round to the nearest whole number. % Feedback 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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