3 years ago

If you earn $40 a year on a $500 investment, what is the annual rate of return?

Mathematics

2 answers:

Juliette [100K]3 years ago

8 0

Answer:

40/500 = 8%

Step-by-step explanation:

40/500 = 8%

So the answer is 8%/year. The question is if the $40 is reinvested, then will the following year's return be 8% of $540 is $43.20? If it were, this would be an example of compound returns is getting interest (or a return) on the previously earned interest. That's an 8% per annum simple yield. You'd be better off finding something that compounded your investment.

Finger [1]3 years ago

3 0

Answer:

Annual rate of return is 8%

Step-by-step explanation:

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