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Question content area top Part 1 Compute the total and annual returns on the following investment. Seventeen years after purchasing shares in a mutual fund

Question content area top
Part 1
Compute the total and annual returns on the following investment.
Seventeen years after purchasing shares in a mutual fund for $5600, the shares are sold for $11,300.
Question content area bottom
Part 1
The the total return is 101.8%.
The annual return is enter your response here%.
(Do not round until the final answer. Then round to one decimal place as needed.)

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