Dave bought a rental property for 200000 cash one year, Financial Management

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Dave bought a rental property for 200000 cash one year

Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000.

A- What was the return on his $200,000 investment?

B- Suppose Dave invested only $20,000 of his own money and borrowed $180,000 (interest free from his rich father). What was his return on investment?

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