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%
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