Value of Money Homework
6.
value:
2.08 points
FINANCE
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Question 36 (of 48)
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Assume that in 2015, the first edition of a comic book was sold at auction for $1,210,000. The comic book was originally sold in 1938 for $.05.
For this to have been true, what was the annual increase in the value of the comic book? (Do not round intermediate calculations and enter you
decimal places, e.g., 32.16.)
Annual increase
%