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You invested $4,500 in a project which gave you a return of 14.1% the 1st year.You were quite happy, but the 2nd year wasn't as
You invested $4,500 in a project which gave you a return of 14.1% the 1st year.You were quite happy, but the 2nd year wasn't as good.You lost 4.8% that year.The 3rd year was better - you made 7.2% onthis investment.What was your annual average rate of return over the three years?
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