You bought a painting $6$ years ago as an investment. You originally paid $$127,000$ for it$.$ If you

sold it for $$516,000,$ what is your annual return on the investment? Assume annual

compounding. $($Round to $100$th of a percent and enter your answer as a percentage, e$.$g$.,$

$12\mathrm{.}34$ for $12\mathrm{.}34\%$ You discover that you need a new laptop that costs $$1,000.$ You charge the laptop to your

credit card which charges a $18\%$ annual interest rate. If you make no payments on the credit

card for $7$ years, how much will you owe on the card? Assume annual compounding. $($Round

to nearest penny, e$.$g$.1234\mathrm{.}56)$

Answer: