Walden’s family is shopping for a reclining chair. the chair the family decided on has a retail price of $800 plus 5% sales tax at four stores. each store is offering a different promotion. store promotional offer a $75 instant rebate b 10% off sale c 5% off sale plus store pays sales tax d a “no tax” sale—the store pays the tax which store has the best deal? store a store b store c store d

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?