need math help to Find the effective annual rate of return #13

label Mathematics
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Georgia purchased a house in 1998 for $220,000. In 2003 she sold the house and made a net profit of $50,000. Find the effective annual rate of return on her investment over the 5-yr period. Please round the answer to the nearest tenth of percent.
A.
B.
C.
D.
E.
Nov 8th, 2015

Thank you for the opportunity to help you with your question!

D.

is right choice. Thanks

Please let me know if you need any clarification. I'm always happy to answer your questions.
Nov 8th, 2015

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Nov 8th, 2015
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Nov 8th, 2015
Oct 22nd, 2017
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