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Compute the total and annual returns on the following investment. Nine years after purchasing shares in a mutual fund for $7500, the shares are sold

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Compute the total and annual returns on the following investment. Nine years after purchasing shares in a mutual fund for $7500, the shares are sold for $11,300. The the total return is %. (Do not round until the final answer. Then round to one decimal place as needed.) The annual return is %. (Do not round until the final answer. Then round to one decimal place as needed.)

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