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What is the accounting rate of return for a project that is estimated to yield total income of $369,000 over three years and costs $852,000?

What is the accounting rate of return for a project that is estimated to yield total income of $369,000 over three years and costs $852,000? (Round your answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.))

Accounting Rate of Return %

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