Check my work Assume that at the beginning of the year, you purchase an investment for…

Check my work Assume that at the beginning of the year, you purchase an investment for $3,900 that pays $62 annual income. Also assume that the investment’s value has decreased to $3,650 at the end of the year. (a) What is the rate of return for this investment? (Enter your answer as a percent rounded to 2 decimal places.) Rate of return % ces (b) is the rate of return a positive or negative number? Negative Positive