A service line of business has an initial non-depreciable, Microeconomics

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A service line of business has an initial non-depreciable

Problem

A service line of business has an initial non-depreciable investment of $500,000 and an annual net income of $100,000. It operates for 10 years with no resale value. If their tax rate is 30%, what is the rate of return of this investment at MARR = 10%?

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Microeconomics: A service line of business has an initial non-depreciable

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Microeconomics: A service line of business has an initial non-depreciable

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