Solved: Determine the rate of return on an investment, Macroeconomics

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Determine the rate of return on an investment

Question:

What is the rate of return on an investment over it's economic life that costs $29,000 and has a $1000 salvage value after 7 years (straight line depreciation) if it can earn $6,000 before taxes annually? Assumes that you are in a 25% tax bracket.

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Macroeconomics: Determine the rate of return on an investment

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Macroeconomics: Determine the rate of return on an investment

Reference No:- TGS02092010

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