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An investor Buys a plot of land for 拢120,000 after 2.5 years the land is sold for 拢225,000? |
what is the annual rate of return on this investment? Bought price = $120,000 ha ha, back to maths at school again!! does it really matter, heck you made a load, thats what counts! 35% The above answer is wrong. Compound that over 2.5 years and you will see. The correct answer is: |
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