Create an excel sheet answer to the question below. See the draft excel sheet to check the answer.

1. My son informed me that a comic book I purchased for 10 cents in 1948 is worth $125 today. What has been the average annual compound rate of return on that valuable asset? (See Chapter 2.) Chapter 7-1 100 1.06701 FV Y=X*(1+R) Formula R=[(YX) (1))-1 Use Future Value Present Value Years 10 0.9 13 n 1948 1961 R 0.203491103