Multiple Choice
Dan Short invested $7,000 on October 1,2009,and in return he received a total of $6,200,which he collected on October 1,2010.The rate of return on Dan's investment was:
A) (12.9%)
B) 12.9%
C) 11.4%
D) (11.4%)
Correct Answer:
Verified
Correct Answer:
Verified
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