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You bought a pair of game_worn Air Jordan 1's 12 years ago for $257703 and it is now worth $318171 according to a recent report

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You bought a pair of game_worn Air Jordan 1's 12 years ago for $257703 and it is now worth $318171 according to a recent report by a Sotheby's appraisal team. What is the average annual rate of appreciation your shoes have experienced each year for the last 12 years (assume the rate has remained constant)? (Round your answer to 2 digits) Select one: a. 0.06 b. 0.57 c 3.87 Od 2.37 De 177 You need to save $2780 in your account so that you can buy that new laptop you've had your eye on. You currently only have $1388 in your savings account. You commit to adding $257 per month to your account until you have enough. You can earn on average 5.4% (APR) in your account (compounded monthly). How many months will you need to work before you have enough to buy the laptop? Select one: a. 0.8 Ob 11.1 c.5.2 d. 0.74 e. 19.3 What will your monthly payment be for a house you purchase for $171,000 today where the bank will finance it for you for 22 years (compounded monthly) at 8% (APR)? Select one: a. 1379 b. 1323 Oc 1309 O d. 1437 e. 1416

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