The expected rate of return will be 10% since the sanding machine costs $1,000 and net expected revenue after installation of the machine is $1,100.
What is an expected rate of return?
An expected rate of return refers to a return on investment (ROI) that an investor anticipates receiving from the borrower.
Given data
Cost = $1,000
Net expected revenue = $1,100.
In conclusion, the expected rate of return will be 10% since the sanding machine costs $1,000 and net expected revenue after installation of the machine is $1,100.
Read more about expected rate of return
brainly.com/question/25821437
