Assume that at the beginning of the year, you purchase an investment for

$6,500

that pays

$95

annual income. Also assume the investment's has increased to

$7,050

by the end of the year. What is the rate of return for this investment?\

9.92%

\

10.00%

\

9.85%

\

9.77%

Assume that at the beginning of the year, you purchase an investment for $6,500 that pays $95 annual income. Also assume the investment's has increased to $7,050 by the end of the year. What is the rate of return for this investment? 9.92% 10.00% 9.85% 9.77%