An investment of $60,000 ten years ago resulted in uniform income of $10,000 per year for the

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An investment of $60,000 ten years ago resulted in uniform income of $10,000 per year for the 10-year period. The rate of return on the investment was closest to:

(a) 10.6% per year

(b) 14.2% per year

(d) 18.6% per year

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 12, 2018 10:41 AM

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An investment of $60,000 ten years ago resulted in uniform income of $10,000 per year for the

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Engineering Economy

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