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If a manufacturer of electronic devices invests $620,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return
If a manufacturer of electronic devices invests $620,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of $230,000 per year for 10 years and $64,000 in salvage value from the used equipment sale in year 10. The rate of return is D 7 %
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