Determine the rate of return the company

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A piece of equiptment costing $87,500 is being considered for a production process at Dew Chemicals. The expected benifits per year is $10,500 and estimated salvage value is $30,000. Determine the rate of return the company can get in this equiptment proposal. Equiptment life = 15 years.

Reference no: EM131622723

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