An investor starts with $1 million and converts it to 0.75 million pounds,which is then invested for one year. In a year the investor has 0.7795 million pounds,which she then converts to dollars at an exchange rate of 0.72 pounds per dollar. The U.S. dollar annual rate of return earned was ________.

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The Answer of An investor starts with $1 million and converts it to 0.75 million pounds,which is then invested for one year. In a year the investor has 0.7795 million pounds,which she then converts to dollars at an exchange rate of 0.72 pounds per dollar. The U.S. dollar annual rate of return earned was ________.

An Investor Starts with $1 Million and Converts It to 0.75