JohnJacobJingle9136 JohnJacobJingle9136

20-03-2024
Business

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The rate of return on an investment of $1500 that doubles in value over a 4-year period, and produces a $300 annual cash flow, is nearest to which value?
(a) 15%
(b) 20%
(c) 25%
(d) 30%

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