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Calculate the return on investment as a percentage of equity invested for each of the three scenarios below: 50% Leverage 65% Leverage 80% Leverage Equipment

Calculate the return on investment as a percentage of equity invested for each of the three scenarios below: 50% Leverage 65% Leverage 80% Leverage Equipment cost $450,000 $450,000 $450,000 Net Income $30,875 $25,150 $19,500

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