Tran purchased a house for a rental property for $100,000 five years ago. during the time he owned this rental, his net rental income was a total of $4,000. he just sold the property for $120,000.
what was his average annual return on this investment?
a) 4.0% b) 4.8% c) 24% d) not enough information available.
Answers: 1
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Tran purchased a house for a rental property for $100,000 five years ago. during the time he owned t...
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