The annual earnings of a rental apartment are expected to be $12,000 and the cost of the apartment is $175,000. What is the expected rate of return on this investment? Would you invest in this apartment if the interest rate on the loan to buy the apartment was 8%? Why or why not? (4 points) 

Answer rating: 100% (QA)

Expected Return and Investment Decision 1 Expected Rate of Return The expected rate of return on the ... View the full answer