1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Norma-Jean [14]
2 years ago
9

An investor bought a one-acre lot on the outskirts of a city for $12,700 cash. Each year she paid $175 of property taxes. At the

end of 7 years, she sold the lot for a net value of $25,000. What rate of return did she recieve on her investment
Business
1 answer:
german2 years ago
7 0

Answer:

79.5%.

Explanation:

Rate of return = \frac{final value - initial value}{initial value} x 100

The cost of the acre = $12700.

Total property taxes paid for 7 years = $175 x 7

                                                             = $1225

Net value of cost = $12700 + $1225

                             = $13925

Net value of the land when sold = $25000

∴ Rate of return = \frac{25000 - 13925}{13925} x 100

                          = 0.7953 x 100

                          = 79.53%

The rate of return of the acre of land is 79.5%.

You might be interested in
Which of the following factors played an important role in speeding up globalization
tensa zangetsu [6.8K]
The reduction and removal of trade barriers.
8 0
3 years ago
Read 2 more answers
Why is it important to start with temporary investments that lead to permanent investments
shepuryov [24]

These investments are commonly used when a business has a short-term excess of funds on which it wants to earn interest, but which will be needed to fund operations within the near future. These types of investments are usually very safe, but also have quite a low rate of return.

4 0
2 years ago
Which information would most likely cause a company's stock price to go up?
Andrei [34K]

Answer:

A

Explanation:

consumers reduce spending because of a recession

8 0
3 years ago
The ______ approach is a management approach that advocates the idea that a manager's attitude toward employees can affect produ
padilas [110]

Answer:

Human Relations Approach

Explanation:

According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question the approach being described is called the Human Relations Approach. Like mentioned in the question this approach refers to the view that the effectiveness of any organisation depends on the quality of relationships among the people working in the organisation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Which of the following is NOT an advantage of owning a car?
Yuri [45]
I think it’s D but I’m not sure
5 0
3 years ago
Read 2 more answers
Other questions:
  • On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
    6·1 answer
  • Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $1,000 of dep
    14·1 answer
  • Match the careers with the career clusters.
    13·2 answers
  • When Motorola first entered the Mexican marketplace, the company wanted direct control of salespeople in major urban markets but
    12·1 answer
  • If a consumer buys flour because he loves baking, the flour is counted as part of GDP. If a bakery buys flour as an input to bak
    9·1 answer
  • Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
    11·1 answer
  • Charging a lower price per unit for purchases of more units is called
    12·1 answer
  • You have graduated from college but unfortunately have $39,000 in outstanding loans. The loans require payments of $3,435 per ye
    11·1 answer
  • Match each organization and agreement with the phrase that best describes it.
    12·2 answers
  • As a supervisor how to deal with gossiping in your workplace?​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!