a 18. The expected average rate of return for a proposed investment of S6,000,000 in a fixed asset, using straight-line depreciation, with a useful life of 20 years, no residui volue, and an expected total net income of $12,000,000 over the 20 years is 2. 20% b. 10% I c. 40% d. 5% 19. The rate of earnings is 6% and the cash to be received in four years is $20,000. The present' value amount, using the following partial table of present value of $1 at compound interest, is Your 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 0.840 0.751 0.712 4 0.792 0.683 0.636 a. $13,660 b. $12,720 c. $15,840 d. 316,800 20. The rate of camnings is 12% and the cash to be received in two years is $10,000. Determine the present value amount, using the following partial table of present value of $1 at compound interest Your 1 2 3 4 6% 0.943 0.890 0.840 0.792 10% 0.909 0826 0.751 0.683 12% 0.893 0.797 0.712 0.636 20. The rate of carings is 12% and the cash to be received in two years is $10,000. Determine the present value amount, using the following partial table of present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 0 890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 2 3 4 a. $8,930 b. 57,120 c. 57970 d. 58,260