An investor purchased an asset for $32 000 at the beginning of the year.This investment is worth $36 000 at the end of the year.What is the return for the year on the investment?

Name: An investor purchased an asset for $32 000 at the beginning of the year.This investment is worth $36 000 at the end of the year.What is the return for the year on the investment?
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Question

Quizplus · Accepted Answer

Rearranging equation 1.1,page 11,the return for the year = (36000 - 32000)/32000 = 0.125

An Investor Purchased an Asset for $32 000 at the Beginning