Question 4 Suppose Shaan invested just $22,000 of his own money and had a $94,000 mortgage with an interest rate of 8.5

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Question 4
Suppose Shaan invested just $22,000 of his own money and had a
$94,000 mortgage with an interest rate of 8.5 percent. After three
years, he sold the property for $135,000.
(a) What is his gross profit?
(b) What is his net profit or
loss? (Input the amount as a positive
value.)
(c) What is the rate of return on
investment? (Negative amount should be indicated by a
minus sign. Enter your answer as a percent rounded to 1 decimal
place.)