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Home Q & A Board Humanities Art and Culture Culinary Arts
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NATTYICE325 NATTYICE325
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6 years ago
Assume that a buyer purchased a piece of capital equipment for 13,000. It is estimated that the piece of equipment will result in additional profits of 500 monthly for three years after considering the expense of its operation.
 
  In this scenario, the ROI on the purchase would be ________ (rounded) over the three year period.
  A) 1384 B) 138 C) 72 D) 13.8
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