FACTS: You have a one-time amount of $15,000 to invest in an associate’s business plan. She expects that you will receive $25,000 back at the end of…

1. FACTS: You have a one-time amount of $15,000 to invest in an associate’s business plan. She expects that you will receive $25,000 back at the end of three years. REQUIRED: If all goes according to plan, what will be the rate of return on your investment?

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