Ask Question
21 August, 14:31

Denny buys a rare coin for $200 and sells the coin 1 year later for $220. dennys rate of return is

A. 20%

B. 10%

C. 110%

D. 91%

+2
Answers (2)
  1. 21 August, 14:51
    0
    The answer is 91% because you would take the 200 and divide it by 220 and then you would get 0.909090 you would then round it up so it would be 91%
  2. 21 August, 14:54
    0
    Denny’s rate of return is 10%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Denny buys a rare coin for $200 and sells the coin 1 year later for $220. dennys rate of return is A. 20% B. 10% C. 110% D. 91% ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers