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applications involving linear equations

label Algebra
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an investor invested $13,000 in the stock. At the end of one year she sold her stock for $18,000. what was her rate of return for that investment.

Jul 15th, 2014

18,000/13,000 - 1 = 38.46% was the rate of return

Jul 15th, 2014

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Jul 15th, 2014
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