What is the rate of return on the venture


Problem: Brinker, Inc. has been investing $136,000 a year for the past 4 years into a business venture. Today, Brinker sold that venture for $685,000. What is its rate of return on this venture?

  • 9.43%
  • 11.06%
  • 15.59%
  • 16.67%
  • 18.71%

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the rate of return on the venture
Reference No:- TGS01451148

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)