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Check my work 9 a. 14 points A coin sold at auction in 2019 for $3,752,000. The coin had a face value of $10 when
Check my work 9 a. 14 points A coin sold at auction in 2019 for $3,752,000. The coin had a face value of $10 when it was issued in 1793 and had been previously sold for $190,000 in 1970. At what annual rate did the coin appreciate from its first rinting 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.) What annual rate did the 1970 buyer carn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) At what annual rate did the coin appreciate from its first minting to the 2019 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b eBook 81 Hint a. Rate of return from 1793 to 1970 b. Rate of return from 1970 to 2019 c. Rate of retum from 1793 to 2019 5.721% 6.55% 5.90% Ratprances
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