DEar sir,if the question is silent about what method use in ARR calculation for i-e initial inv or avg,then what u recomend
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10y ago#1You would normally use the average, but it depends on the context of the question (and questions will not be 'silent' on what is required).
Sorry to say,In opentution mcq quiz question is silent and in review they use avg investment
10y ago#3As I wrote before, you would normally use the average!
(Our MCQ question is taken from a past exam and is a 'real' exam question.)
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