Question: step by step no excel only formula You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has

 step by step no excel only formula You're trying to determine

step by step no excel only formula

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $14 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,858,500, $1,911,800, $1,880,200, and $1,333,700 over these four years, what is the project's average accounting oturm (AARI? (Round the final answer to 2 decimal places.) (omit % sign)

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