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What is the accounting rate of return

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A project requires an immediate investment of $68629 in some new equipment with an estimated useful life of 10 years and no salvage value. If predicted annual savings or cash operating expenses are $14555, what is the accounting rate of return based on the original investment? input your answer to two decimal places, for example .12348 would be input as 12.35

Reference no: EM131782410

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