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Business, 14.05.2021 01:00 itsme123427

If a manufacturer of electronic devices invests $620,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of $220,000 per year for 10 years and $80,000 in salvage value from the used equipment sale in year 10. Which is the correct equation to calculate the rate of return?

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