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West Bank has estimated the cost of a new facility at $1.5 million. At this initial...

West Bank has estimated the cost of a new facility at $1.5 million. At this initial point, organizational costs are expected to reach an additional amount of approx. $500,000.

Yearly net revenues are estimated at $400,000 and the new branch is expected to last 15 years. What is the expected rate of return on this investment? (Round to the nearest whole percent)

6 percent
21 percent
18 percent
32 percent
none of the above
0 0
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Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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