A 10-Year Public Project That Required $1

question 31

Multiple Choice

A 10-year public project that required $1.5 million generates annual revenue of $0.2 million beginning from year 1. What is the project's rate of return on its investment?

• A)5.6%
• B)6.6%
• C)7.6%
• D)8.6%
• E)9.6%

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Definitions:

Income Increases

Refers to the rise in the monetary earnings of individuals or entities over a period.

Sushi

A traditional Japanese dish made of vinegared rice, often accompanied by various ingredients such as seafood, vegetables, and occasionally tropical fruits.

Equilibrium

The state in a market where supply equals demand, and there is no external pressure for the market price or quantity to change.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a given price in a given period.