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The expected average rate of return for a proposed investment of $447,300 in a fixed asset with a useful life of 4 years, straight-line depreciation,

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The expected average rate of return for a proposed investment of $447,300 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $254,640 for the 4 years is (round to two decimal places) Ca. 1.14% b. 0.57% c. 28.46% d. 14.23%

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