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Barron Chemical uses a thermoplastic polymer to enhance the appearance of certain RV panels. The initial cost of one process was $ 1 2 6
Barron Chemical uses a thermoplastic polymer to enhance the appearance of certain RV panels. The initial cost of one process was $ with annual costs of $ Revenues are $ in year increasing by $ per year. A salvage value of $ was realized when the process was discontinued after years. What rate of return did the company make on the process? Round the final answer to three decimal places.
The rate of return made by the company is
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