Multiple Choice
You discover an antique in your attic that you purchased at an estate sale 10 years ago for $400.You auction it on eBay and receive $8,000 for your item.What annual rate of return did you earn?
A) 200.00%
B) 34.93%
C) 30.47%
D) 20.00%
Correct Answer:
Verified
Correct Answer:
Verified
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