39) The introduction of a new product requires an immediate outlay of $145 000 and has...

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39) The introduction of a new product requires an immediate outlay of $145 000 and has a residual value of $30 000 after 10 years. The anticipated net returns from the marketing of the product are expected to be $25 500 per year for ten years. What is the rate of return on the investment (correct to the nearest tenth of a percent)? a) Use linear interpolation to find the approximate value of the rate of return. Answer: 39) The introduction of a new product requires an immediate outlay of $145 000 and has a residual value of $30 000 after 10 years. The anticipated net returns from the marketing of the product are expected to be $25 500 per year for ten years. What is the rate of return on the investment (correct to the nearest tenth of a percent)? a) Use linear interpolation to find the approximate value of the rate of return. Answer: