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Abby owns a comic book that originally sold for 12¢ in 1969. In 2014, the comic book had an appraised valued of $3,700. Given that the annual percentage rate has been constant, what is the annual percentage rate of growth?

A) 23.28% B) 25.82% C) 26.33% D) 28.94%

User Jinx
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2 Answers

4 votes

Solution

2014 - 1969 = 45

45 x 0.2633 = 11.8485 = 12

Final Answer:

C) 26.33%

User Niru Mukund Shah
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4 votes

Answer:

The answer is B: 25.82%

Explanation:

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Abby owns a comic book that originally sold for 12¢ in 1969. In 2014, the comic book-example-1
User Nbi
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