SIMPLE annual return

Score: 0.67 of 1 pt 3 of 8 (3 complete) sore a conosco v HW Score 39.946, 267 ct 8 pts HW Score: 33.33%, 2.67 of 8 pts WP8-6 (similar to) Question Help Holding period and annual investment) returns. Bohenick Classic Automobiles restores and rebuilds old classic cars. The company purchased and restored a classic 1957 Thunderbird convertible 7 years ago for $8,600.00. Today at auction, the car sold for $94,600.00. What are the holding period return and the annual return on this investment? What is the holding period return of the car? 1000 % (Round to two decimal places.) What is the simple annual return on the car? % (Round to two decimal places.)