BA 360: Summer 2018 11 am omar shams INANCE 5.1 Question 4 (of7 1000 points A coin that was featured in a famous novel sold at auction in 2014 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 Al what arinual rate did the con appreciate from its first minting to the 197 sale? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places,e.g, 32.16) Rate of retum What annual rats did tha 1970 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. Rate of retum At what annual rate did the coin appreclate from Its first minting to the 2014 sale? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal placas, e.g., 32.16. Rate of retum eBook & Resources Worksheet Leaming Objective: 05-03 How to find the retum on an Difficulty: Intermediate Secion: 5 3 More about Present and Future Values