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By Investing in a John Deere PowerTech Engine for $3,200,a

Question 22

Multiple Choice

By investing in a John Deere PowerTech engine for $3,200,a pallet manufacturer was able to show a net savings of $500 in annual maintenance costs.Calculate the return on investment for the engine.


A) 1.6 percent
B) 6.4 percent
C) 15.6 percent
D) 21.3 percent
E) 32 percent

Correct Answer:

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