A business purchased for $650,000 in 2005 is sold in 2008 for $850,000. What is the annual

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A business purchased for $650,000 in 2005 is sold in 2008 for $850,000. What is the annual rate of return for this investment?

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Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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