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Youre trying to choose between two different investments, both of which have up-front costs of $73,000. Investment G returns $133,000 in seven years. Investment H
Youre trying to choose between two different investments, both of which have up-front costs of $73,000. Investment G returns $133,000 in seven years. Investment H returns $193,000 in 11 years. Calculate the annual return for Investments G and H. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Annual return | ||
Investment G | % | |
Investment H | % | |
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