Chrome File Edit View History Bookmarks Profiles Tab Help Juan 5 1:22 Background items Added Question 19 - Proctoring ! x + "GoogleUpdater' addend stems that can cun the background. You can morales these in D getproctorio.com/secured#lockdown Login hems & Extensiona Proctoring Enabled: Exam #2 - Ch 7-12 (mc) - Saved Help Save & Exit Submit Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Google Chro 21 Investment required in equipment $ 30, 000 Annual cash inflows $ 6,000 Salvage value of equipment 50 8 00:48:41 Life of the investment 15 years Required rate of return 102 The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial Investment. O The simple rate of return for the Investment (rounded to the nearest tenth of a percent) is: 100% O Multiple Choice O 20.0% E O 13.3% Mc Graw