Mathematics

Carlee Mccoy

18 June, 07:45

Special ice Limited, produces sachet water. Over a 5-year period, the costs associated with one product line were as

follows: initial investment cost of $24,000 and annual costs of $17,000. Annual revenue was $27.000. What rate of return

(. e. (RR) did the company make on this product?

A 18.99%

B. 19.09%

C. 19.81%

D. 20.81%

E. 22.5%

F. 27.38%

+1

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