Return of Asset is the Net Profit over the total investment multiplied by 100. It is the ratio of a profit or loss made in a fiscal year. It refers to the proceeds obtained from the sale of investment. Rushing return of assets using the stated formula is only 8.33% .
Explanation:
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Answer:
Ans. c) The annual percentage rate of the loan is approximately 913%
Explanation:
Hi, well, she borrowed $75 and paid $90 ($75 + $15 fee) in 8 days. So we need to use the following formula to check what 8 days percentage rate was applied to this loan.

That is:

So she pays 20% for 8 days, to know the annual rate (approx.) we need to do the following operation.

That is 913% per year.
Best of luck.
Bartering is done without C) money!
Recall how pioneers traded with each other goods.