At the end of 2010, Mr.B bought a house worth VND 4 billion. B can lease this house for 240 million per year. At the end of 2013, Mr.B invested 500 million for interior upgrades, then can lease it for 300 million per year. By the end of the 2017 year, B did not rent anymore and sold a home worth 7 billion. 

Please calculate the annual rate of return.

Answer rating: 100% (QA)

To calculate the annual rate of return well need to consider the total income generated from the inv... View the full answer