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 Form Nevada 506 2011-2024

Nvred 2011-2024 Form

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Hello again this is art at prep agent comm we're going to continue with more math and this time I have another investment problem for you as usual when you see the question try to figure it out on your own first, and then we'll do this together Mr. Goode bought two Lots for sixty-five thousand dollars each and divided them into three Lots he later sold each lot for $55,000 what was the percentage of his profit or the rate of return well by definition we have to know what the percentage of profit or the rate of return is it is the percentage rate of the profit that an investor makes based on how much he put in or was invested, so the formula is rate of return equals the income or the profit divided by the amount invested so in this question what we need to know is how much Mr. Goode invested each lot was $65,000 so there to Lots sixty-five thousand times two equals a hundred and thirty thousand dollars, so that's what Mr. Goode invested now we need to know how much he sold the three lak

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