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Your parents purchased a farm 57 years ago at a cost of $4,600. Today, that farm could be sold to a land developer for $3.3
Your parents purchased a farm 57 years ago at a cost of $4,600. Today, that farm could be sold to a land developer for $3.3 million. What was the annual percentage increase in the value of the farm?
19.31 percent
9.51 percent
12.23 percent
15.42 percent
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