nabih nabih
  • 14-01-2022
  • Mathematics
contestada

If a $12,000 investment earns interest of $1,440 in 1 year, what is its rate of return?
a. 24 percent
b. 100 percent
c. 12 percent
d. 77 percent
e. 57 percent

Respuesta :

Benjamin555 Benjamin555
  • 14-01-2022
12 percent, because $1,440 is 12% of $12,000.
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