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money? Keep four decimal places. Show your work and highlight your final answers You are going to invest $80,000 in BAC, Inc. and expect to
money? Keep four decimal places. Show your work and highlight your final answers
You are going to invest $80,000 in BAC, Inc. and expect to earn 27% on the investment. Your brother-in-law will lend you $45,000 for the investment if you pay him 12% of the loan. If you take his loan, what rate of return should you expect to earn on your money? Keep four decimal places. Show your work and highlight your final answers.
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