What was the rate of return on the investment
An investment of $600,000 increased to $1,000,000 over a 5-year period. What was the rate of return on the investment?
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If the company invested $2.4 million in a process that resulted in profits of $760,000 per year for 5 years, what rate of return did the company make on its investment?
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Art's at-risk amount in a passive activity was $60,000 at the beginning of 2010. His loss from the activity in 2010 is $80,000, and he had no passive activity income during the year.
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