Determine the return on investment


Question: Ray Seo has 5,000 dollar to invest in a small business. His partner has promised to pay him back 8,200 dollar in next five years. Determine the return earned on this investment?

[A]   11.1%

[B]   10.4%

[C]   9.3%

[D]   8.7%

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Finance Basics: Determine the return on investment
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