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If you purchased a lot for $15,000, paid $1,000 in taxes over a six-year period, and...

If you purchased a lot for $15,000, paid $1,000 in taxes over a six-year period, and then sold the lot for $25,000, what is your ROI? What would your annual ROI be?

a. What is your ROI?

b. What would your annual ROI be?

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Answer #1

© Ro? Can be determined by Gain from the Investment - Coat of the Investment cost of the Investment from the given data cost

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