PLZZZ HELP! In 2002 Johan bought a collector car as an investment when its value was $180,000. He sold the car in 2014. Over the time he owned it, its value grew an average of 2.44% each year. How much

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asked Aug 15, 2022 66.0k views

5 votes

PLZZZ HELP!

In 2002 Johan bought a collector car as an investment when its value was
$180,000. He sold the car in 2014. Over the time he owned it, its value
grew an average of 2.44% each year.

How much profit did Johan earn on
his investment?

Mathematics
high-school

MPikkle asked

by MPikkle

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1 Answer

6 votes

bought for $180000 in 2002

sold it in 2014

180000*2.44\100

Amir Choubani answered Aug 20, 2022

by Amir Choubani

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