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Tim discovers an antique in his attic that he purchased at a garage sale 10 years ago for $400. He decides to auction the item

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Tim discovers an antique in his attic that he purchased at a garage sale 10 years ago for $400. He decides to auction the item on eBay, for which he receives $8,000. What annual rate of return did Tim earn? st Select one: a. 200% tion b. 35% c. 20% d. 30%

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