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plz help Assume that at the beginning of the year, you purchase an investment for $6,900 that pays $160 annual income. Also assume the investment's
plz help
Assume that at the beginning of the year, you purchase an investment for $6,900 that pays $160 annual income. Also assume the investment's value has increased to $7,500 by the end of the year. a. What is the rate of return for this investment? Note: Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places. b. Is the rate of return a positive or a negative number? Positive Negative Step by Step Solution
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