Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest-free from his rich father.

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Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest-free from his rich father. What was his return on investment?

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Personal Finance

ISBN: 978-0077861643

11th edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

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Question Posted: Sep 15, 2017 12:30 PM

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Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest-free from his rich father.

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With a 20000 investment he borrowe...View the full answer

Personal Finance

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