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eBook 4 Show Me How Print Item Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital

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eBook 4 Show Me How Print Item Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals Truck 3D Printer $88,000 4 years Amount of investment Useful life Estimated residual value Estimated total income over the useful life Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place. 3D Printer Truck $48,000 5 years $13,200 $13,800

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