Homework Answers
13.
number of years is=2011-1895=116 years
annual percentage increase over the period
=((money in 2011/money in 1895)^(1/numbers of years))-1
=((1440000/150)^(1/116))-1
=8.23%
what it will be in 2045=1440000*(1+8.23%)^34
=21192533.55 or 21192534
14.
annual increase in the value of this comic book
=((2161000/0.10)^(1/73))-1
=26.03%
the above is answer..
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