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The CFO of The Fun Factory is investigating the possibility of investing in a three - dimensional printer that would cost $ 2 5 ,
The CFO of The Fun Factory is investigating the possibility of investing in a threedimensional printer that would cost $ The printer would eliminate the need to have prototypes of new toys be produced by a third party. The cost of having the prototypes manufactured by the third party is about $ per year. The printer would have a useful life of five years with no salvage value with expected annual operating costs of $ per year.
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Compute the simple rate of return on the printer. Round your answer to decimal place.
Answer is complete but not entirely correct.
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