What Is the Rate of Return on an Investment of $16,278

question 15

Multiple Choice

What is the rate of return on an investment of $16,278 if the company expects to receive $3,000 per year for the next ten years?

• A) 18 percent
• B) 13 percent
• C) 8 percent
• D) 3 percent
• E) 10 percent

---

Definitions:

Demand Curves

A graphical representation that shows the relationship between the quantity of a good consumers are willing to buy and its price.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing to supply.

Landowners

Individuals or entities that hold legal ownership of land or real estate.

Inelastic

A description of a product or service's demand when its quantity demanded does not significantly change in response to price changes.