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From 2015 through 2019, Avery owned a large assortment of inflatable slides and fun houses that she leases to others for various events. The value
From 2015 through 2019, Avery owned a large assortment of inflatable slides and fun houses that she leases to others for various events. The value of the structures was $63,000 at the beginning of 2015 and the annual cash flows and end-of-year property are shown below.
AT Rental Value of
Year Income property, EOY
2015 $6,000 $65,000
2016 3,500 60,000
2017 6,800 56,000
2018 7,000 52,000
2019 8,300 45,000
Given this info, the rate of return for 2017 was _________%.
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