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the company purchased and restored a classic 1957 Thunderbird convertible 6 years ago for 7,200.00 today at auction, the car sold for 64,800.00. what is

the company purchased and restored a classic 1957 Thunderbird convertible 6 years ago for 7,200.00 today at auction, the car sold for 64,800.00. what is the effective annual return (EAR) on the car?

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