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the following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $96,000 $72,000 Useful

the following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:

3D Printer Truck
Amount of investment $96,000 $72,000
Useful life 4 years 9 years
Estimated residual value 0 0
Estimated total income over the useful life $7,680 $21,060

Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

3D Printer%

Truck%

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