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Business, 02.01.2020 23:31 amorosoavap5cejz

Pepper company is using the annual rate of return to evaluate a potential investment. the original investment required is $120,000, and the investment’s salvage value is $20,000. what is the average investment that pepper will use when computing the annual rate of return?

a : $60,000

b : $70,000

c : $50,000

d : cannot be determined unless the useful life of the project is known.

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