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Suppose you bought a car two years ago for 20,750. Last year you fixed the engine for $3,000. Today, you are selling it for $30,000.

Suppose you bought a car two years ago for 20,750. Last year you fixed the engine for $3,000. Today, you are selling it for $30,000. How much was your annual rate of return on the car investment?

6.26% -10.63% 9.57% -3.89% 13.23%

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