Determine the average rate of return for a project that is estimated to yield total income of

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Determine the average rate of return for a project that is estimated to yield total income of $136,000 over five years, has a cost of $380,000, and has a $20,000 residual value. Round to one decimal place.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 08:59 AM

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Determine the average rate of return for a project that is estimated to yield total income of

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Accounting

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