Betson enterprises distributes and markets the big buck, Business Economics

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Betson enterprises distributes and markets the big buck

Betson Enterprises distributes and markets the Big Buck video game, which allows players to "hunt" for elk, antelope, moose, and bucks without shivering outside in the cold. E-sports Entertainment in NYC purchased five machines for $6300 each and took in an average of $610 per week in sales. For a study period of 3 years,

(a) What was the nominal annual rate of return?

(b) What was the effective annual rate of return?

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Business Economics: Betson enterprises distributes and markets the big buck

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Business Economics: Betson enterprises distributes and markets the big buck

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