Business, 20.12.2019 20:31 jlink6836

Tran purchased a house for a rental property for $100,000 five years ago. during the time he owned this rental, his net rental income was a total of $4,000. he just sold the property for $120,000.
what was his average annual return on this investment?

a) 4.0% b) 4.8% c) 24% d) not enough information available.

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Tran purchased a house for a rental property for $100,000 five years ago. during the time he owned t...

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