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show all steps 8. Bitcoin could be purchased for around $48,600 in Aug of 2021. If Bitcoin had a compound annual rate of return of
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8. Bitcoin could be purchased for around $48,600 in Aug of 2021. If Bitcoin had a compound annual rate of return of 141% over the 5 years from 2016 to 2021, about what was a bitcoin worth in Aug of 2016 (round to the nearest dollar) Step by Step Solution
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