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Q2 Suppose that 2 years ago you bought an old record player at a yard sale for $12. You saw today on E- bay
Q2 Suppose that 2 years ago you bought an old record player at a yard sale for $12. You saw today on E- bay that the same record player is selling for $59. If you were to sell the record play at that price today, what would be the implied return percentage? (Answer as a percent. Enter only numbers and decimals in your response. Round to 2 decimal places. Q3 if you have $489 today and you think you can earn an interest rate of 6% per year, how many years until you have $843?
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