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You gave $100 to your cousin. As a token of gratitude, your cousin gave you $2 at the end of the year instead of $100.
You gave $100 to your cousin. As a token of gratitude, your cousin gave you $2 at the end of the year instead of $100. If you look at this as an investment, then your annual rate of return would be _______ .
Select one:
-117.60%
-78.40%
-98.00%
-127.40%
Which of the following investments generates a higher annual rate of return?
Select one:
A $500 gain on a $5,000 investment for one year
A $500 gain on a $50,000 investment for one year
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