Compute the total and annual returns on the described investment. Six years after buying 100 shares of XYZ stock for $80 per share, you sell the stock for $12,100.

What is the total return?

What is the annual return?

Compute the total and annual returns on the following investment.Twenty years after purchasing shares in a mutual fund for $5500, the shares are sold for $11,300.

What is the total return?

What is the annual return?

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