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Compute the total and annual return on the following invest Two years after paying $2900 for shares in a startup compa The total return is %.

Compute the total and annual return on the following invest Two years after paying $2900 for shares in a startup compa The total return is %.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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21. total return 

**Exercise: Calculating Total and Annual Return on Investment** --- ### Problem Statement: Compute the total and annual return on the following investment. Two years after paying $2900 for shares in a startup company, you sell the shares for $2100 (at a loss). --- ### Calculation: **The total return is □ %.** *Note: Do not round until the final answer. Then round to the nearest tenth as needed.*
Transcribed Image Text:**Exercise: Calculating Total and Annual Return on Investment** --- ### Problem Statement: Compute the total and annual return on the following investment. Two years after paying $2900 for shares in a startup company, you sell the shares for $2100 (at a loss). --- ### Calculation: **The total return is □ %.** *Note: Do not round until the final answer. Then round to the nearest tenth as needed.*
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