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The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment...

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Accounting

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:

3D Printer Truck
Amount of investment $20,000 $40,000
Useful life 4 years 9 years
Estimated residual value 0 0
Estimated total income over the useful life $3,200 $20,700

Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

3D Printer %
Truck %

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