You purchased a house in 2015 for 200,000. In year 2021 you sold your house and made a net prot of 60,000. (3) Find the
You purchased a house in 2015 for 200,000. In year 2021 you sold your house and made a net prot of 60,000. (3) Find the effective annual rate of return on your investment over the time you owned your house. (Assume there are no other expenses were involved in a deal). (b) Would you make more money by investing in 2015 into a saving account that earns interest at the rate of 5% compounded continuously? Sketch the graph of y = f(a) using the following information . Domain (-0o, 0o) . y-intercept: 2 . Asymptotes: none . Increasing on (-oo, 0) U (4, co) . Relative extrema: max at (0, 2) min at (4, -30). . Concave up on (-co, 2)
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