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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.

 

  • AStatement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
  • BStatement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
  • CBOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
  • DEACH statement ALONE is sufficient.
  • EStatements (1) and (2) TOGETHER are not sufficient.
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正确答案: A

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