The first edition of a particular Marvel comic book was sold in $1950.$ In $2023,$ the estimated price for this book was $$418476.$ What was the original price of the comic book in $1950$ if the annual return was $17\%?$

Question $12$Answer

$$4\mathrm{.}41$

$$7\mathrm{.}06$

$$5\mathrm{.}16$

$$1\mathrm{.}08$

$$1\mathrm{.}00$