You make a $20,000 investment that pays you $6,000 in year 1, $11,000 in year...
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You make a $20,000 investment that pays you $6,000 in year 1, $11,000 in year 2, $10,000 in year 3, and $1,000 in year 4. What annual rate of return has your investment generated?
choose answer below
16.84%
14.37%
15.62%
17.05%
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