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Ray Stone has $26,000 to invest in a small business venture. His partner has promised to pay him back $53,000 in three years. What is
Ray Stone has $26,000 to invest in a small business venture. His partner has promised to pay him back $53,000 in three years. What is the annual return earned on this investment? (Answer in a percentage without the % sign, and round it to two decimal places, e.g., 8.14)
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