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The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3 D Printer Truck Amount of investment $ 8

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:
3D Printer Truck
Amount of investment $84,000 $28,000
Useful life 4 years 9 years
Estimated residual value 00
Estimated total income over the useful life $11,760 $12,600
Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.
3D Printer fill in the blank 1
7.0
%
Truck fill in the blank 2
______ find this one

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