Use a financial calculator $or$ a program such $as$ Excel $to$ answer the questions. Round your answers $to$ the nearest whole number.

You purchase a stock for $$8,000$ and collect $$400at$ the end $of$ each year $in$ dividends. You sell the stock for $$10,500$ after seven years. What was the annual return $on$ your $$8,000$ investment?

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You purchase a building for $$920,000,$ collect annual rent $(after$ expenses$)of$ $$130,000,$ and sell the building for $$1,100,000$ after five years. What $is$ the annual return $on$ this investment?

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You buy a stock for $$1,000$ and expect $to$ sell $it$ for $$800$ after seven years but also expect $to$ collect dividends $of$ $$110$ a year. Calculate the return $on$ this investment and prove that $itis$ less than $10$ percent.

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