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Average annual return on investment

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Reference no: EM131974641

Margot purchased a house for a rental property for $200,000 three years ago. During the time she owned this rental, her net rental income was a total of $15,000. She just sold the property for $160,000. What was her average annual return on this investment?

Select one:

a. -4.17%

b. -29.2%

c. -20.00%

d. -6.67%

e. -3.13%

f. -12.50%

Reference no: EM131974641

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