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Part $1$

Compute the total and annual returns on the following investment.

You pay $$$$6000$ for a municipal bond. When it matures after $20$years$,$ you receive $$$$11,600.$

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Part $1$

The total return is $93\mathrm{.}3\%.$

Part $2$

The annual return is enter your response here$\%.$

$($Do not round until the final answer. Then round to one decimal place as$$ needed.$)$