What annual rate of return did the firm earn on this project

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Cast Out Co. invested $16,200 in a project. At the end of two years, the company sold the project for $23,800. What annual rate of return did the firm earn on this project?

Reference no: EM13260465

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What annual rate of return did the firm earn on this project : Cast Out Co. invested $16,200 in a project. At the end of two years, the company sold the project for $23,800. What annual rate of return did the firm earn on this project?
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