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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 $46,500 over 3 years,

Average Rate of Return Determine the average rate of return for a project that is estimated to yield total income of $46,500 over 3 years, has a cost of $95,000, and has a $5,000 residual value. 4 X % 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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