Determine the average rate of return for a project that is estimated to yield total income of

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Determine the average rate of return for a project that is estimated to yield total income of $460,320 over 3 years, has a cost of $964,500, and has a $131,500 residual value. Round to the nearest whole number.

Posted Date: May 11, 2024 01:24 AM

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Determine the average rate of return for a project that is estimated to yield total income of

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Average net income can be computed as Total income for project life Useful life of ... View the full answer

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