1. If you purchased a lot for $10,000, paid $500 in taxes over a five-year period, and then sold the lot for $15,000, what is your ROI? What would your annual ROI be? 2. You purchased a house for...

1. If you purchased a lot for $10,000, paid $500 in taxes over a five-year period, and then sold the lot for $15,000, what is your ROI? What would your annual ROI be?

2. You purchased a house for $100,000 cash and you sold it in one year for $125,000. You had to pay $5,000 in taxes and repairs before you sold it. What is your ROI? If you financed $80,000 with a bank, used only $20,000 for a down payment, and paid $4,000 for taxes, repairs, and interest expense, what would be your ROI?