Rose invests $20,000 in real estate deals and earns $400/month for the first year. What is her return on investment?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 9FPE
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What is her return on investment for this General Accounting Question?

Rose invests $20,000 in real estate
deals and earns $400/month for the
first year. What is her return on
investment?
Transcribed Image Text:Rose invests $20,000 in real estate deals and earns $400/month for the first year. What is her return on investment?
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