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An investor bought a one - acre lot on the outskirts of a city for $ 1 2 , 7 0 0 cash. Each year

An investor bought a one-acre lot on the outskirts of a city for $12,700 cash. Each year she paid $175 of property taxes. At the end of 7 years, she sold the lot for a net value of $25,000. What rate of return did she receive on her investment?
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