13)George buys an antique car for $20,000 and sells it five years later for just over $27,000. George's per-year rate of return is Group of answer choices   10 percent. 8 percent. 6 percent. 4 percent.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.4: The Percent Equation
Problem 24E
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13)George buys an antique car for $20,000 and sells it five years later for just over $27,000. George's per-year rate of return is
Group of answer choices
 
10 percent.
8 percent.
6 percent.
4 percent.
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