2. In 1626, the Dutch bought the island of Manhattan and paid the Native Americans with trinkets worth about 24 dollars. If the total land value of Manhattan is approximately $8 trillion in 2016. What is the average yearly return for this 390-year investment? A) 0-20% B) 20%-50% C) 50%-100% Simple interest and Interest on interest 3a. Using the rate information calculated from the previous question, how much more value can be cumulated on top of the 24 dollars in the 390-year period if interest can only be earned on the original 24 dollars? e 3b.If the value of 24 dollars increased into 8 trillion dollars in the 390-year period, what is the total amount of interests earned (extra value cumulated)? What is the total amount of interests on interests earned in the 390-year period