Yousef136 Yousef136
  • 02-07-2021
  • Business
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A machine is under consideration that would cost $28,600, save $6,400 per year in cash operating costs, and have an expected life of 13 years with zero salvage value. The simple rate of return is approximately: (Round your answer to 2 decimal places.)

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ewomazinoade ewomazinoade
  • 07-07-2021

Answer:

22.38%

Explanation:

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