the 17th century for a price of 60 Dutch guildersroughly equal to $24 (US). Suppose that instead of purchasing Manhattan, the Dutch colonists had invested their $24 (US) in Europe at an average rate of 4.5% per year. If the $24 USD had been invested for exactly 385 years earning simple interest (i.e., without compounding), approximately how much would their investment now be worth?

options: $440.00 $549

519,444.00

$9,240.00

$24,736,768.00

None of the above