Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two...

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Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Truck Printer Amount of investment $84,000 $96,000 Useful life 4 years 5 years Estimated residual value 0 0 Estimated total income over the useful $11,760 $26,400 life Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place. 3D Printer Truck % % Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Truck Printer Amount of investment $84,000 $96,000 Useful life 4 years 5 years Estimated residual value 0 0 Estimated total income over the useful $11,760 $26,400 life Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place. 3D Printer Truck % %