In 1626, Dutchman Peter Minult purchased Manhattan Island from a local Native American tribe. Historians estimate that the price he paid for the island was about $24 worth of goods, including beads, trinkets, cloth, kettles, and axe heads. Many people find it laughable that Manhattan Island would be sold for $24, but you need to consider the future value (PV) of that price in more current times. If the $24 purchase price could have been invested at a 4.25% annual interest rate, what is its value as of 2018 (392 years later)? $248,569,086.68 O $292,434,219.62 O $386,013, 169.90 $336,299,352.56