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Karina owns two apartments A and B that have a combined total value of $52000. Investment A is expected to pay $31000 in 2 years
Karina owns two apartments A and B that have a combined total value of $52000. Investment A is expected to pay $31000 in 2 years from today and has an expected return of 7.60% per year. Investment B is expected to pay $44000 in 5 years from today and has an expected return of R per year. What is R, the expected annual return for investment B?
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