Question: Problem 0 8 . 0 1 2 - Calculating rate of return given multiple alternative ZipCar auto parts store has $ 1 0 0 ,

Problem 08.012- Calculating rate of return given multiple alternative
ZipCar auto parts store has $100,000 to invest in a project to detect and redice insier theft in their stores. They are considering investing in one of two alternatives, identified as Y and Z.Z is the higher first-cost alternative, and the incremental initial investment between the two is $58.000 and will exhibit a rate of return of 12.00% per year. Z requires an irvestment of $100,000. They expect a rate of return on the $100,000 investment of 37,00 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.)
Problem 0 8 . 0 1 2 - Calculating rate of return

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