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3. Calculating the Rate of Return on Investment. Rani bought a rental property for $100,000 with no borrowed funds. Later, she sold the building for

3. Calculating the Rate of Return on Investment. Rani bought a rental property for $100,000 with no borrowed funds. Later, she sold the building for $120,000. What was her return on investment? = RETURN ON INVESTMENT PROFIT EARNED COST OF INVESTMENT

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