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Find the rate of return for an investment that an initial payment of 100 returns 40 at the end of 1 year and additional 70
Find the rate of return for an investment that an initial payment of 100 returns 40 at the end of 1 year and additional 70 at the end of 2 years. What would the rate of return be if 70 were received after 1 year and 40 after 2 years?
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