5-40B. (Solving for i in compound intel'est-financial calculator needed) In March 1963, issue number 39 of Tales

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5-40B. (Solving for i in compound intel'est-financial calculator needed) In March 1963, issue number 39 of Tales ofSuspense was issued. The original price for that issue was 12 cents. By March of 2001,38 years later, the value of this comic book had risen to $3,500. What annual rate of interest would you have earned ifyou had bought the comic in 1963 and sold it in 200 l?

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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