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After Two Consecutive Years of 10% Rates of Return, What

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After two consecutive years of 10% rates of return, what rate of return in the third year will produce a cumulative gain of 30%?

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Definitions:

Latest Start Time

The latest possible time a project or task can begin without delaying the project completion.

Activity P

A specific task or action within a project or process that is identified by the letter 'P.'

Net Revenue

The amount of money a company receives from its activities after subtracting the cost of returns, allowances, and discounts.

Total Profit

The total amount of money a company earns after subtracting the costs associated with producing and selling its products or services.

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