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An investment was made for $35,000 and and income of $3,000. The ending value of the investment was $34,000. The

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An investment was made for $35,000 and and income of $3,000. The ending value of the investment was $34,000. The percentage return on the investment is closest to:

5.7%, 

8.6%,  

11.8%

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Answer rating: 100% (QA)

The right option is 5 7 Explanation View the full answer


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Related Book For  answer-question
Cost Management Measuring Monitoring and Motivating Performance

Cost Management Measuring Monitoring and Motivating Performance

ISBN: 978-0470769423

2nd edition

Authors: Leslie G. Eldenburg, Susan K. Wolcott

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Posted Date: January 21, 2021 16:45:34
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