Question: Problem 0 8 . 0 1 2 - Calculating rate of return given multiple alternative ZipCar auto parts store has $ 8 4 , 0
Problem Calculating rate of return given multiple alternative
ZipCar auto parts store has $ to invest in a project to detect and reduce insier theft in their stores. They are considering investing in one of two alternatives, identified as Y and Z Z is the higher firstcost alternative, and the incremental initial investment between the two is $ and will exhibit a rate of return of per year. Z requires an investment of $ They expect a rate of return on the $ investment of percent. Answer the following questions; a what is the size of the investment required in Y and, b what is the rate of return on Y
The size of the investment required in Y is $
The rate of return on Y is Round the final answer to three decimal places.
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