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224 O A carpenter sets aside $240,600.00 today to renovate a house in a historic neighborhood. If the housing market is good, he expects to

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224 O A carpenter sets aside $240,600.00 today to renovate a house in a historic neighborhood. If the housing market is good, he expects to sell the house for $399,750.00 in 4.00 years. However, if the housing market is bad, he will only be able to sell the house for 262 350.00 What interest rate (or return on his investment) will the carpenter ear if the housing market is good? Submit Answer format: Percentage Round to: 2 decimal places (Example 9 24%, % sign required Will accept decimal formar rounded to 4 decimal places (ex: 0.0924))

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