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An investment firm manages portfolios for clients. Determine the return on investment (ROI) for the year ending December, considering the following details: Beginning investment portfolio

An investment firm manages portfolios for clients. Determine the return on investment (ROI) for the year ending December, considering the following details:

Beginning investment portfolio value: $1,000,000
Ending investment portfolio value: $1,200,000
Additional investments made during the year: $100,000

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