(Ignore Income Taxes in This Problem

question 110

Multiple Choice

(Ignore income taxes in this problem. ) If an investment of $14,760 now will yield $18,000 at the end of one year,then the internal rate of return for this investment to the nearest whole percentage is:

• A)14%
• B)18%
• C)22%
• D)28%

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Definitions:

Merchandisers

Businesses that purchase goods for resale to consumers, playing a vital role in the retail industry by moving products from manufacturers to the market.

Wholesalers

Businesses that purchase goods in large quantities from producers to resell them to retailers or other businesses.

Retailers

Businesses that sell goods and services directly to consumers.

Freight Costs

Expenses associated with transporting goods from one place to another, which can include costs for shipping, trucking, or rail transport services.