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ne following information is available for a potential capital investment nitial Investment Annual Net Income Net Annual Cash Flow Salvage Value Useful Life $120,000 $15,000

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ne following information is available for a potential capital investment nitial Investment Annual Net Income Net Annual Cash Flow Salvage Value Useful Life $120,000 $15,000 $27,500 $20,000 8 years The potential investment's annual rate of return is approximately (Round to the nearest whole number): 15 30 39 21

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