John invested $9,000. The current value of the investment is $14,000. What is the rate on return?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter15: Harvesting The Business Venture Investment
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John invested $9,000. The current value of
the investment is $14,000. What is the rate
on return?
Transcribed Image Text:John invested $9,000. The current value of the investment is $14,000. What is the rate on return?
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