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You bought a piece of land three years ago for $5,000. If you can sell it now for $7,407.50, what is you annual rate of

You bought a piece of land three years ago for $5,000. If you can sell it now for $7,407.50, what is you annual rate of return? If you can normally earn a return of 20% on this type of investment, did you do well with this one? ent Value Drohlom

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