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Swift oil Company is considering investing in a new oil well. Is is expected that the oil well will increase annual revenues by $134,000 and

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Swift oil Company is considering investing in a new oil well. Is is expected that the oil well will increase annual revenues by $134,000 and will increase annual express by $76,000 including depredation. The oil well will cost $449,000 and will have a $11,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return

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