A small machine has an initial cost of P20,000 with a salvage value of P2,000 and a life of 10 years. If your cost of operation per year is P35,000 and your revenues per year is P9,000, what is the approximate rate of return on the investment?
A small machine has an initial cost of P20,000 with a salvage value of P2,000 and a life of 10 years. If your cost of operation per year is P35,000 and your revenues per year is P9,000, what is the approximate rate of return on the investment?
Chapter1: Making Economics Decisions
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Question: A small machine has an initial cost of P20,000 with a salvage value of P2,000 and a life of 10 ye...
A small machine has an initial cost of P20,000 with a salvage value of P2,000 and a life of 10 years. If your cost of operation per year is P35,000 and your revenues per year is P9,000, what is the approximate rate of
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