Which of the following 1-year investments has the highest rate of return? (a) $12,500 that yields $1125

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Which of the following 1-year investments has the highest rate of return?

(a) $12,500 that yields $1125 in interest,

(b) $56,000 that yields $6160 in interest

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:30 AM

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Which of the following 1-year investments has the highest rate of return? (a) $12,500 that yields $1125

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Engineering economy

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