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26 June, 18:37

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%

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Answers (2)
  1. 26 June, 19:00
    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. 26 June, 21:00
    0
    Denny’s rate of return is 10%.
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