Jenna purchased a 5-acre parcel of land for $28,000 and sold it two years later for $45,000.
Fantastic news! We've Found the answer you've been seeking!
Question:
Jenna purchased a 5-acre parcel of land for $28,000 and sold it two years later for $45,000. What was her return on that investment? The return on Jenna's investment is ____________ %. (Enter as a percentage and round to one decimal place.)
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
Posted Date: