(Solving for i)

Jackson purchased a wooden statue of a Conquistador for $7,100to put in his home office 8years ago.Jackson has recently married, and his home office is being converted into a sewing room. His new wife, who has far better taste than Jackson , thinks the Conquistador is hideous and must go immediately. Lance decided to sell it on e-Bay and only received $4500 for it and so he took a loss on the investment. What was his rate of return, that is, the value of i? Enter a negative percentage for a loss