B) If you loan your friend $1500 today and she gives you $2250 back in four years what is your nnual rate of return on this loan. A) Between 7&8% B) Between 9&10% C) Between 10 &11% D) Between 11&12%

ENGR.ECONOMIC ANALYSIS
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18) If you loan your friend $1500 today and she gives you $2250 back in four years what is your
annual rate of return on this loan.
A) Between 7&8%
B) Between 9&10%
C) Between 10 &11%
D) Between 11&12%
Transcribed Image Text:18) If you loan your friend $1500 today and she gives you $2250 back in four years what is your annual rate of return on this loan. A) Between 7&8% B) Between 9&10% C) Between 10 &11% D) Between 11&12%
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