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Business, 16.12.2020 16:10 cjjudecjude5675

Magix Productions orders new equipment for the company. The new equipment costs $50,000 and will help the company to save $10,000 annually. What is the average rate of return of the equipment? A. 15 percent
B. 20 percent
C. 35 percent
D. 40 percent

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