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qid 378 · business
Question: The dividend return per annum on an investment was $900. Given this was an annual return of 6 percent, how much was invested?
- $18,000.00
- $17,000.00
- $16,000.00
- $19,000.00
- $12,000.00
- $14,000.00
- $13,500.00
- $22,500.00
- $15,000.00
- $20,000.00
Our answer: I. $15,000.00 Source quote machine-checked (exact quote)
How it was answered
Stored formula / worked method, replayed by code
Current source
Wikipedia, "Rate of return"
https://en.wikipedia.org/wiki/Rate_of_return
“In finance, return is a profit on an investment.”
Source quote machine-checked (exact quote)
Earlier version (superseded)
https://en.wikipedia.org/wiki/Rate_of_return
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
https://en.wikipedia.org/wiki/Rate_of_return
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
No public source has been found for this card yet (3 places checked internally).
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