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plz help Assume that at the beginning of the year, you purchase an investment for $2,200 that pays $98 annual income. Also assume that t
plz help
Assume that at the beginning of the year, you purchase an investment for $2,200 that pays $98 annual income. Also assume that t investment's value has increased to $2,320 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value Step by Step Solution
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