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Compute the total and annual returns on the described

Compute the total and annual returns on the described investment.

Five years after buying 50 shares of XYZ stock for ?$60 per? share, you sell the stock for $ 4400.

The total return is ? %

?(Do not round until the final answer. Then round to one decimal place as? needed.)

The annual return is ? %

?(Do not round until the final answer. Then round to one decimal place as? needed.)

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Business Management: Compute the total and annual returns on the described

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Business Management: Compute the total and annual returns on the described

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