The rate of return on an asset that costs $6,000 and yields a permanent return of $540 per year is ________ percent.

Name: The rate of return on an asset that costs $6,000 and yields a permanent return of $540 per year is ________ percent.
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The rate of return is calculated by dividing the annual return by the cost of the asset and then multiplying by 100 to get a percentage. So, $540 / $6,000 * 100 = 9%.

The Rate of Return on an Asset That Costs $6,000