During its life it is anticipated to save company 25000 per


A new punching machine will cost $150,000. It has a life of 10 years with no salvage value. During its life, it is anticipated to save company $25,000 per year. What is Rate of Return (ROR) on this machine

11.52%

10.56%

12.05%

10.00%

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Financial Management: During its life it is anticipated to save company 25000 per
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