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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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