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Renee pays $ 1 1 , 0 0 0 for shares in a new company. She sells the shares 1 0 years later for $

Renee pays $

11, 000

for shares in a new company. She sells the shares

10

years later for $

23, 500 .

What was her

total return on this investment? Round your answer to the nearest tenth of a percent.

The Total Return on Renee's investment is

%

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