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A house was bought for $50000 and was sold 15 years later for $95000. find the effective yield.
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A house was bought for $50000 and was sold 15 years later for $95000. find the effective yield.

User Gaussblurinc
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1 Answer

2 votes

Answer:

If we divide that by 15 years, we get an annual yield of

$3,000 per year.

Explanation:

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User Steven Rouk
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