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Business, 13.08.2019 03:30 snikergrace

Acompany projects an increase in net income of $193500 each year for the next five years if it invests $9 in new equipment. the equipment has a 5-year life and an estimated salvage value of $3. what is the annual rate of return on this investment?

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Acompany projects an increase in net income of $193500 each year for the next five years if it inves...
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