Question: Please provide the correct answer to this general accounting problem using valid calculations. Wilson Finance purchased $200,000 in accounts receivable from Harrison Manufacturing for $185,000.

Please provide the correct answer to this general accounting problem using valid calculations.

Wilson Finance purchased $200,000 in accounts receivable from Harrison Manufacturing for $185,000. After 120 days, Wilson Finance was able to collect $195,000 from the receivables. Determine the rate of return on this investment for Wilson Finance

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