Connect Connect to meducation.com/et/map/index.html?contexternal browserBlaunchurth253A%252F%252Fs.meducation.com 252Fmgmiddleware2524 Help Save Submit A project has an initial cost of $61000 and a 5-year life. The company uses straight-line depreciation to a vero book value over the life of the project. The projected net income from the project is $1500. $1600, $4900, $200, and $2.200 a year for the next five years, respectively. What is the average accounting rate of return? Multiple Choice 8.48 762 9.42 ED o 297% MacBook Air 596 # 3 $ 4 % 5 * 1 6 & 7 8 9 0 Pt W ER T Y U - O P DF H J J L CV . B N. M