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Matt invests 1,000 into a start up business. After the first year he is required to make an additional investment of 250. After the second year, he receives a payment of 1,500. What is Matt's effective overall yield rate? a. 9.1% b. 9.6% c. 10.0% d. 10.4% e. 10.6%.

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Matt invests 1,000 into a start up business. After the first year he is required to make an additional investment of 250. After the second year, he receives a payment of 1,500. What is Matt's effective overall yield rate? a. 9.1% b. 9.6% c. 10.0% d. 10.4% e. 10.6%

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