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Assume that ag the beginnjng of the ywar you purchase an investment for 6,650 that pays 150 annual income Assume that at the beginning of

Assume that ag the beginnjng of the ywar you purchase an investment for 6,650 that pays 150 annual income image text in transcribed
Assume that at the beginning of the year, you purchase an investment for $6,650 that pays $150 annual income. Also assume the Investment's value has increased to $7,200 by the end of the year (a) What is the rate of return for this investment? (Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places.) Rate of return (b) is the rate of return a positive or negative number? Positive Negative

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