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Posted on Jul 02, 2024

You bought your house six years ago for $120,000 and sold it today for $160,800. What is your annual rate of return? A. 4.88% B.

You bought your house six years ago for $120,000 and sold it today for $160,800. What is your annual rate of return?

A. 4.88%
B. 5.67%
C. 5.00%
D. 8.00%

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