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You are an art investor. You just purchased a painting from a famous artist. You paid $3,952,778 for that painting. The collector from which you

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You are an art investor. You just purchased a painting from a famous artist. You paid $3,952,778 for that painting. The collector from which you bought the painting claims to have held the painting for 24 years. She claims she earned a return of 31.22% per year. What did she pay for the painting 24 years ago? Please enter your response to the nearest penny

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