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A coin sold at auction in 2 0 1 9 for $ 2 , 8 9 7 , 0 0 0 . The coin had

A coin sold at auction in 2019 for $2,897,000. The coin had a face value of $10 when it was issued in 1795 and had previously been sold for $310,000 in 1970.
a.
At what annual rate did the coin appreciate from its first minting to the 1970 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
b. What annual rate did the 1970 buyer earn on his purchase? (Do not round intermediate calculations and 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 2017 sale? (Do not round intermediate calculations and
rate of return from 1795 to 1970 is 6.08
rate of return from 1970 to 2019?
rate of return from 1795 to 2019 is 5.83

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