An Energy Management System That Can Save 7 500 Per Year For Four 4 Years Expens

An energy management system that can save $7,500 per year for four (4) years, expenses are $2,000 per year, can be installed at a cost of $20,000. At the end of four (4) it is expected to be sold for $1,250. Using the end of year convention, the rate of return on this planned investment is most nearly:1.ROR = 9.81% 2.ROR = 9.5% 3.ROR = 6% 4.ROR = 10%

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