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  3. the following data are accumulated by lone peak in

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment...

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Accounting

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:
3D Printer Truck
Amount of investment $44,000 $48,000
Useful life 4 years 7 years
Estimated residual value 00
Estimated total income over the useful life $4,400 $15,120
Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.
3D Printer fill in the blank 1
%
Truck fill in the blank 2
%

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