Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 3

Bessimer Electronics manufactures addressable actuators in one of its Maquiladora plants in Mexico. The company believes that by investing $24,000 each year in years 1, 2, and 3, it will avoid spending $87,360 in year 3. If the company does make the annual investments, what rate of return will it realize