Tuesday
April 21, 2015

Homework Help: finite math

Posted by Anonymous on Tuesday, September 3, 2013 at 9:51pm.

Georgia purchased a house in 1998 for $220,000. In 2003 she sold the house and made a net profit of $50,000. Find the effective annual rate of return on her investment over the 5-yr period. Please round the answer to the nearest tenth of percent.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members