A plant nursery pays $2,000 for 800 one-gallon flowering trees,plants them,and forgets them.Five years later,the nursery is able to sell each of the 100 trees that survived for $50 each.What is the rate of return on its total investment?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q107: The Rule of 72 is a rule
Q108: Given enough time,you could double your money
Q109: If college tuition and fees increase at
Q110: You can invest your money at a
Q111: Antonio made $18,000 in the first movie
Q113: The dividends per share paid by Artisan
Q114: If interest rates are positive,then discounting increases
Q115: You win the $5,000,000 lottery that pays
Q116: Given a time period,an interest rate,and a
Q117: Lance has $3,500 but needs $7,000 to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents