Question: Determine the average rate of return for a project that is estimated to yield total income of $331,360 over 4 years, costs $397,000, and

Determine the average rate of return for a project that is estimated

Determine the average rate of return for a project that is estimated to yield total income of $331,360 over 4 years, costs $397,000, and has a $39,000 residual value.

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