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The U.S. government fixed the price of gold at $35 an oz in 1934. In 2005, theprice of the yellow metal was $480 an oz.

The U.S. government fixed the price of gold at $35 an oz in 1934. In 2005, theprice of the yellow metal was $480 an oz. Calculate the price appreciation of gold aspercent per year, compounded annually

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