What rate of return did she receive on her investment

Reference no: EM132161015

Question: An investor bought a one-acre lot on the outskirts of a city for $9000 cash. Each year she paid $80 of property taxes. At the end of 4 years, she sold the lot for a net value of $15,000. What rate of return did she receive on her investment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132161015

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