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Sinan is considering investing in a project with an initial cost of $40,000 and a four-year life span. Sinan will depreciate the assets to zero
Sinan is considering investing in a project with an initial cost of $40,000 and a four-year life span. Sinan will depreciate the assets to zero on a straight-line basis over those four years. The projected net income from the project is $1,300, $1,500, $1,700, and $4,500 a year for the next four years, respectively. What is the project's average accounting return?
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