An investor has accumulated $7,300 and is looking for the best rate of return that can be earned over the next year. A bank savings account will pay 4%. A one-year bank certficate of deposit will pay 6%, but the minimum investment is $10,300. Required: a. Calculate the amount of return the investor would earn if the $7,300 were invested for one year at 4% b. Calculate the net amount of return the investor would earn if $3,000 were borrowed at a cost of 14%, and then $10,300 were invested for one year at 6% c. Calculate the net rate of return on the investment of $7,300 if the investor accepts the strategy of part b. Note: Round your answer to 2 decimal places