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2) A coin that was featured in a famous novel sold at auction in
2014 for $3,215,000. The coin had a 1 answer below » 2) A coin that was featured in a famous novel sold at auction in
2014 for $3,215,000. The coin had a face value of $20 when it was
issued in 1791 and had previously been sold for $385,000 in
1974. View complete question » a) At what annual rate did the coin appreciate from its first
minting to the 1974 sale? (Do not round intermediate
calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.) b) What annual rate did the 1974 buyer earn on his purchase? (Do not round intermediate calculations. Enter your answer
as a percent rounded to 2 decimal places, e.g.,
32.16.) c) At what 2) A coin that was featured in a famous novel sold at auction in
2014 for $3,215,000. The coin had a face value of $20 when it was
issued in 1791 and had previously been sold for $385,000 in
1974. a) At what annual rate did the coin appreciate from its first
minting to the 1974 sale? (Do not round intermediate
calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.) b) What annual rate did the 1974 buyer earn on his purchase? (Do not round intermediate calculations. Enter your answer
as a percent rounded to 2 decimal places, e.g.,
32.16.) c) At what annual rate did the coin appreciate from its first
minting to the 2014 sale? (Do not round intermediate
calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.) View less » Aug 04 2015 11:19 PM
