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For which type of investment, \(A\) or \(B,\) is the annual rate of return greater?
1) Type A returns \(\$120\) per \(\$1,000\) invested for any one-year period and type \(B\) returns \(\$96\) per \(\$2,400\) invested for any one-year period
2) The annual rate of return for an investment of type \(B\) is \(4\) percent
OA A
1) Type A returns \(\$120\) per \(\$1,000\) invested for any one-year period and type \(B\) returns \(\$96\) per \(\$2,400\) invested for any one-year period
2) The annual rate of return for an investment of type \(B\) is \(4\) percent
OA A
