Computation of return on the investment


Question: Pedro Martinez wants to invest 25,000 dollars in a spa that his sister is starting. He will triple his investment in next 6 years. Compute the rate of return that Pedro is being promised? [give your answer to the nearest percent.]

[A]    12%

[C]   25%

[D]    18%

[E]   20%

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Computation of return on the investment
Reference No:- TGS017588

Expected delivery within 24 Hours