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The following data are accumulated by Watershed uating two competing capital investment proposals Project A Project z $56,000 $24,000 Amount of investment 4 years Useful

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The following data are accumulated by Watershed uating two competing capital investment proposals Project A Project z $56,000 $24,000 Amount of investment 4 years Useful life Estimated residual value 0 0 0 Estimated total income over the useful life $6,160 project. Round your answers to one decimal Determine the expected average rate of return for ea Project A Project Z 24.9 X % Feedback Check My Work Divide the estimated average annual income by the a investment. plus estimated residual value, divided by

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