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melomori [17]
3 years ago
10

What is the rate of return on an investment of $10,606 if the investor will receive

Business
1 answer:
Sladkaya [172]3 years ago
5 0

Answer:

The annual rate of return on this investment is 18.85%.

Explanation:

Given that the investor will receive an annual return of $ 2,000 through an investment of $ 10,606, to determine the rate of return of this investment it is necessary to perform the following calculation:

10,606 = 100

2,000 = X

((2,000 x 100) / 10,606 = X

200,000 / 10,606 = X

18.85 = X

Therefore, the annual rate of return on this investment is 18.85%.

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Answer:

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Explanation:

the reasons could include

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3) if demand for complimentary goods for sunglasses the demand for sunglasses decreases.

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3 years ago
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Hope this answer helps you :)

Have a great day

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7 0
3 years ago
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lubasha [3.4K]

Answer:

The correct answer is B.

Explanation:

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6 0
4 years ago
The Long family spent $38.62 for school supplies and $215.78 for new school clothes. They paid 6.8 sales tax on their purchases.
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