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Naldo is considering selling a painting he inherited from his grandparents and which cost $200 when purchased 30 years ago. He accepted an offer for

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Naldo is considering selling a painting he inherited from his grandparents and which cost $200 when purchased 30 years ago. He accepted an offer for $22,000 for it recently. What is the approximate annualized rate of return on this painting? O a. 3.4% O b. 33.1% C. 8.5% O d. 17.0%

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