Purchase Solution

Rate of Return Formula

Not what you're looking for?

Ask Custom Question

What formula would I use to sove the following problem?

If you buy a piece of land for $10,000 and spend $1,000 per year on taxes, what is the rate of return if you sell the land for $20,000 after 6 years?

Purchase this Solution

Solution Summary

Rate of Return Formula is applied.

Purchase this Solution


Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.