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For the Given Investment, Assume That There Is No Opportunity  Amount  Monthly Percentage  Invested  Return $22111.8%\begin{array} { c c } \text { Amount } & \text { Monthly Percentage } \\\text { Invested } & \text { Return } \\\$ 2211 & 1.8 \%\end{array}

Question 189

Multiple Choice

For the given investment, assume that there is no opportunity for reinvestment of returns. Find the monthly return,
annual return, or annual percentage return as indicated.
-  Amount  Monthly Percentage  Invested  Return $22111.8%\begin{array} { c c } \text { Amount } & \text { Monthly Percentage } \\\text { Invested } & \text { Return } \\\$ 2211 & 1.8 \%\end{array} Find the annual return.


A) $39.80
B) $21.60
C) $477.58
D) $397.98

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