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You Paid $75,000 for 13 Acres of Land in 2005

question 64

Multiple Choice

You paid $75,000 for 13 acres of land in 2005 and sold the land four years later for $120,000. What was the annualized rate of return on your investment, rounded to the nearest tenth of a
Percent?


Definitions:

HR

An acronym for Heart Rate, which is the number of times the heart beats per minute, an important indicator of cardiovascular health.

Right Atrium

The right upper chamber of the heart that receives deoxygenated blood from the body.

Pulmonary Trunk

A large blood vessel that carries blood from the right ventricle of the heart to the lungs for oxygenation.

Superior Vena Cava

A major vein in the human body that carries deoxygenated blood from the upper half of the body to the heart's right atrium.

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