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A mining property is offered for sale for 1:1 57,000

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A mining property is offered for sale for 1:1 57,000. On the basis of estimated production, an annual return of P 8,000 is foreseen for a period of 10 years. After 10 years the property will be worthless. What annual rate of return is in prospect? 
k 6.4% C. 6.5% B. 6.6,6 D. 6.7%