ces Assume that at the beginning of the year, you purchase an Investment for $5,160 that...
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ces Assume that at the beginning of the year, you purchase an Investment for $5,160 that pays $106 annual income. Also assume the investment's value has decreased to $4,760 by the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Required a Required b What is the rate of return for this investment? Note: Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places. Rate of return % ces Assume that at the beginning of the year, you purchase an Investment for $5,160 that pays $106 annual income. Also assume the investment's value has decreased to $4,760 by the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Required a Required b What is the rate of return for this investment? Note: Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places. Rate of return %
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