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Chapter 17 Homework Saved 2.2 Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000. Suppose Dave invested only

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Chapter 17 Homework Saved 2.2 Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000. Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest-free from his rich father. What was his return on investment? (Enter your answer as a percent rounded to the nearest whole number) 0.83 points turn on investment 02:36:24 eBook Print References

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