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If an investor receives a net income of $1,575 at the end of a 3-year period, with an annual return rate of 21% on investment, what was his initial investment?

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Real estate math commonly covers commissions, property taxes, area/acreage, and loan calculations, frequently using a T-chart method (Part/Total Rate).


1. If an investor receives a net income of $1,575 at the end of a 3-year period, with an annual return rate of 21% on investment, what was his initial investment?





 
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