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15-12-2022
Mathematics

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The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:3D Printer TruckAmount of investment $52,000 $48,000 Useful life 4 years 7 years Estimated residual value 0 0 Estimated total income over the useful life $4,160 $15,120 Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.3D Printer fill in the blank 1 %Truck fill in the blank 2 %

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