3 years ago

A house was bought for $50000 and was sold 15 years later for $95000. find the effective yield.

Mathematics

1 answer:

11Alexandr11 [23.1K]3 years ago

8 0

Answer:

If we divide that by 15 years, we get an annual yield of

$3,000 per year.

Step-by-step explanation:

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