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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 32
Aero Serve, Inc., manufactures cleaning nozzles for reverse-pulse jet dust collectors. The company spent $40,000 on a production control system that will increase profi ts by $13,400 per year for 5 years. The rate of return per year on the investment is closest to:
A) 20%
B) 18%
C) 16%
D) Less than 15%
A) 20%
B) 18%
C) 16%
D) Less than 15%
Explanation
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Calculate the intere...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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