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Mathematics, 26.09.2019 15:30 vett072804

Jason corporation has invested in a machine that cost $75,000, that has a useful life of fifteen years, and that has no salvage value at the end of its useful life. the machine is being depreciated by the straight-line method, based on its useful life. it will have a payback period of six years. given these data, the simple rate of return on the machine is closest to: (ignore income taxes in this problem.)

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Jason corporation has invested in a machine that cost $75,000, that has a useful life of fifteen yea...
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